i was given the wrong answer and make sure the photo isnt cut of because the last one did that where the number were cut off please try and not do that

Dowell Company produces a single product its income statements under absorption costing for its first two years of operation follow Income Statements (Absorption Costi66) Year (Year 2 Sales ($46 per unit) $920,000 5 2,840,000 Cost of goods sold (531 per unit) 620,000 1,240,000 Gross profit 300,000 600,000 Selling and administrative expenses 170.000 220,000 Income $ 130,000 3380,000 Additional Information o. Sales and production data for these first two years follow Year Units Units produced Units sold Yeae 30,000 20,000 30,000 40.000 b. Variable costs per unit and fixed costs per year are unchanged during these years. The company's $31 per unit product cost using absorption costing consists of the following Direct materials Direct labor Variable overhead Fixed overhead ($100,000/30,000 units) Total product cost per unit $ C. Selling and administrative expenses consist of the following Selling and Aontaistrative Expenses Variable selling and distrative ($2.50 pertsold Fixed selling and administrative Total ve 50.000 120.000 5110,000 Year $100,000 120.000 $ 220,000 c. Selling and administrative expenses consist of the following. Selling and Administeative Expenses Variable selling and administrative ($2.50 per unit sold) Fixed selling and administrative Total Year 1 550,000 120,000 $ 170,000 Year 2 $ 100,000 120,000 $ 220,000 Required: Prepare income statements for each of these two years under variable costing (Loss amounts should be entered with a minus sign.) Answer is complete but not entirely correct. DOWELL Company Income Statements (Variable Costino) Years Year 2 Sales S 920.000 $1,840.000 Loss Variable expenses Variable cost of goods sold 100.000 $ 200,000 Fixed overhead 180,000 360,000 Variable selling and administrative expenses 140.000 280,000 Contribution margin 50 000 $ 100,000 Less Fixed expenses Fixed overhead 300.000 300,000 Fixed selling and administrative expenses 120,000 120 000 Sales 420.000 420.000 Income (LOS) 5 30.000 480.000 BOOOOO