Oak Mart, a producer of solid oak tables, reports the following data from its first year of business. Sales price per unit$ $355$per unitUnits produced this year$123,000$unitsUnits sold this year$123,000$unitsVariable selling and administrative expenses$ $19$per unitFixed selling and administrative expenses$ $4,635,000$per yearDirect materials$ $47$per unitDirect labor$ $69$per unitVariable overhead$ $35$per unitFixed overhead$ $8,118,000$per year$1.$ Prepare the current$-$year income statement using variable costing.