Need help completing the income statement.

Learning Objective 1 bles and sells snowmobile engines. The company began operations on July 1 and operated at 100% of capacity during the first month. The following data summarize the results for July: Sales (14,000 units) $2,100,000 Production costs (18,000 units) : Direct materials $999,000 Direct labor 478,800 Variable factory overhead 239,400 Fixed factory overhead 160,200 1,877,400 Selling and administrative expenses: Variable selling and administrative expenses $291,000 Fixed selling and administrative expenses 112,600 403,600 If required, round interim per-unit calculations to the nearest cent. a. Prepare an income statement according to the absorption costing concept. Gallatin County Motors Inc. Absorption Costing Income Statement For the Month Ended July 31 Sales v $ 2,100,000 Cost of goods sold v Gross profit v Selling and administrative expenses v 403,600 Operating income vb. Prepare an income statement according to the variable costing concept. Gallatin County Motors Inc. Variable Costing Income Statement For the Month Ended July 31 Sales v 2,100,000 Variable cost of goods sold v Manufacturing margin v Variable selling and administrative expenses v 291,000 Contribution margin v Fixed costs: Fixed factory overhead costs v 160.200 Fixed selling and administrative expenses v 112,600 Total fixed costs v Operating income v