Ivanhoe Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2025, the company incurred the following costs. Ivanhoe Company sells the fishing lures for \$32.50. During 2025, the company sold 79,000 lures and produced 92,000 lures. Prepare a variable costing income statement for 2025. (Enter negotive omounts using either a negative sign preceding the number e.s. -45 or parentheses e.8. (45).)