Just need requirement 2(variable costing income statement

Yale Company manufactures hair brushes that sell at wholesale for $3 per unit. The company had no beginning inventory in the prior year. These data summarize the current and prior year operations: Prior Year 1,800 units 2,000 units Current Year 2,200 units 2,000 units Sales Production Production cost Factory-variable (per unit) -fixed Marketing-variable Administrative-fixed $ 0.60 $1,000 $ 0.40 $ 500 $ 0.60 $1,000 $ 0.40 $ 500 Required: 1. Prepare an income statement for each year based on full costing. 2. Prepare an income statement for each year based on variable costing. 3. Prepare a reconciliation of the difference each year in the operating income resulting from using the full costing method and variable costing method. YALE COMPANY Variable Costing Income Statement Prior Year $ Current Year $ 5,400 6,600 Sales Less: Cost of goods sold Beginning inventory Cost of goods produced 200 1,200 1,200 Available for sale Less: Ending inventory 1,200 120 1,400 120 Cost of goods sold Less: Variable selling and administrative 1,080 1,000 X 1,080 X 1,000 X $ 3,600 $ 4,400 Contribution margin Less: Fixed manufacturing costs Less: Variable selling and administrative Less: Selling and administrative costs 1,000 500 1,000 500 Ending inventory 200 X 1,500 2,100 1,500 2,900 Operating income $ $