O'?Neill's Products manufactures a single product.? Cost, sales, and production information for the company and its single product is as? follows:

-Selling price per unit is $53

-Variable manufacturing costs per unit manufactured (includes direct materials [DM], direct labor [DL], and variable MOH $27

-Variable operating expenses per unit sold $1

-Fixed manufacturing overhead (MOH) in total for the year $64,000

-Fixed operating expenses in total for the year $91000

-Units manufactured and sold for the year 8,000 units

Requirement 1. Prepare an income statement for the upcoming year using variable costing..

O'Neill's Products
Contribution Margin Income Statement (Variable Costing)
For the Year Ended December 31
Sales revenue				$424,000
Less:	Variable expenses
	Variable cost of goods sold			216,000
	Variable operating expenses			8,000
Contribution margin				200,000
Less:	Fixed expenses
	Fixed manufacturing overhead			64,000
	Fixed operating expenses			91,000
Operating income				$45,000

Requirement 2. Prepare an income statement for the upcoming year using absorption costing.

O'Neill's Products
Income Statement (Absorption Costing)
For the Year Ended December 31
Sales revenue			$424,000
Less:	Cost of goods sold
Gross profit
Less:	Operating expenses		99,000
Operating income

Please help me find the Cost of Goods Sold, Gross Profit, and Operating Income. Thank you!!