help with accounting

Polarix is a retailer of ATVs (all-terrain vehicles) and accessories. An income statement for its Consumer ATV Department for the current year follows. ATVs sell for $3,600 each. Variable selling expenses are $270 per ATV. The remaining selling expenses are fixed. Administrative expenses are 50% variable and 50% fixed. The company does not manufacture its own ATVs; it purchases them from a supplier for $1,820 each. POLARIX Income StatementConsumer ATV Department For Year Ended December 31 Sales $604,800 Cost of goods sold 305:750 Gross margin 299,040 Operating expenses Selling expenses $140,000 Administrative expenses 42,000 182,000 Net income $117,040 1b. Assume the company uses absorption costing. Prepare its income statement for the year under absorption costing. Net income (loss)