Nascar Motors assembles and sells motor vehicles and uses standard costing. Actual data relating to April and May 2017 are as follows: (Click the icon to view the data.) The selling price per vehicle is $21,000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 600 units. There are no price, efficiency, or spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. Data table Unit data: Beginning inventory Production Sales Variable costs: April May 0 100 600 550 500 600 Manufacturing cost per unit produced $ 11,500 $ 11,500 Operating (marketing) cost per unit sold 2,200 2,200 Fixed costs: Manufacturing costs Operating (marketing) costs $ 2,400,000 $ 2,400,000 550,000 550,000 Requirement 1. Prepare April and May 2017 income statements for Nascar Motors under (a) variable costing and (b) absorption costing. (a) Prepare April and May 2017 income statements for Nascar Motors under variable costing. Complete the top half of the income statement for each month first, then complete the bottom portion. (Complete all answer boxes. Enter a "0" for any zero balance accounts.) April 2017 May 2017