Helen Martin, CEO of Ivanhoe Industries, is concerned about the recent volatility in the company's operating income. She believes that since the number of units sold has been fairly stable over the past three years that operating income also should have been stable. Helen asked Donald Robinson, Ivanhoe's inventory manager, to help her understand the issue. Donald reviewed the company's records and compiled the following changes to Finished Goods Inventory (in units) for the years 2019, 2020, and 2021. Year 2019 2020 2021 Beginning inventory 1,000 2,000 500 Production 40,000 38,000 40,000 Sales (39,000) (39,500) (39,500) Ending inventory 2,000 500 1,000 Donald also gathered the 2019 income statements prepared using absorption costing and variable costing, which follow. Income Statement-Absorption Costing Sales Cost of goods sold $ 5,460,000 Units in beginning inventory (93,000) Units sold from current year production (3,534,000) Total cost of goods sold (3,627,000) Gross margin 1,833,000 Selling expense Operating Income (605,000) $ 1,228,000 Income Statement-Variable Costing Sales Variable production expenses Variable selling expenses Contribution margin Fixed manufacturing expenses Fixed selling expenses Operating income $ 5,460,000 (2,145,000) (156,000) 3,159,000 (1,520,000) (449,000) $ 1,190,000 Prepare variable and absorption costing income statements for 2020 and 2021. Assume that sales price remains constant across all years. (Round answers to O decimal places, e.g. 5,275.)