I am stuck on the Required 2 tab. Can you please assist with this problem? Thank you

Trez Company began operations this year. During this first year, the company produced 100,000 units and sold 80,000 units. The absorption costing income statement for this year follows. Sales (80,000 units x $40 per unit) Cost of goods sold Beginning inventory Cost of goods manufactured (100,000 units x $20 per unit) Cost of goods available for sale Ending inventory (20,000 x $20) Cost of goods sold Gross margin Selling and administrative expenses $3,200,000 2,000,000 2,000,000 400,000 1,600,000 1,600,000 580,000 $1,020,000 Net income Additional Information a. Selling and administrative expenses consist of $400,000 in annual fixed expenses and $2.25 per unit in variable selling and administrative expenses. b. The company's product cost of $20 per unit is computed as follows $4 per unit $6 per unit $2 per unit $8 per unit Direct materials Direct labor Variable overhead Fixed overhead $800,000 100,000 units) Required: 1. Prepare an income statement for the company under variable costing. 2. Fill in the blanks Required 1 Required 2 Prepare an income statement for the company under variable costing. TREZ Company Variable Costing Income Statement Sales Less: Variable costs $ 3,200,000 Direct materials 320,000 Direct labor 480,000 Variable overhead 160,000 Variable selling and administrative expenses 180,000 Total variable costs Contribution margin Less: Fixed expenses 1,140,000 2,060,000 Fixed selling and administrative costs Fixed overhead 400,000 800,000 Total fixed expenses Net income (loss) 1,200,000 $ 860,000 Required 2 Required 1 Required 1 Required 2 Fill in the blanks. The dollar difference in variable costing income and absorption costing income fixed overhead per unit. units Required 1 Required 2