Information from Stellar Construction Group's first year of operations is available below:

$\backslash$table$[[$Sales in units,$7,600],[$Production in units,$9,000],[$Manufacturing costs:,$$2\mathrm{.}75$ per unit$],[$Direct labor,$$5\mathrm{.}00$ per unit$],[$Direct material,$$1\mathrm{.}90$ per unit$],[$Variable overhead,$$90,000],[$Fixed overhead,$$5\mathrm{.}00$ per unit$],[$SG&A costs:,$$80,000],[$Variable Cost,$$55],[$Fixed cost$,],[$Sales price per unit,$]]$

Create an income statement using absorption costing.

Create a contribution margin income statement using variable costing $.$