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Ansara Company had the following abbreviated income statement for the year ended December 31, 20Y2: (in millions) 2 Sales 8 Cost of goods sold 4Selling, administrative, and other expenses 5 Total expenses 6 Income from operations $18,892.00 15,500.00 2,003.00 $17,503.00 $1,389.00 Assume that there were $3,806 million fixed manufacturing costs and S$1,156 milion fxed selling, administralive, and other costs for the year. The finished goods inventories at the beginning and end of the year from the balance sheet were as follows January 1 $2,358 million December 31 $2,432 million 1 Variable Costing Income Statement a Prepare an income statement according to the variable costing concept for Ansara Company for 20Y2 Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries Be sure to complete the statement heading A colon () will automatically appear if required. Enfer ending inventory as a negative number using a minus sign # a nef loss s ncurred, enter that amount as a negative number using a minus sign Round to the nearest milion Score: 105/124 Ansara Company Variable Costing Income Statement (assumed) For the Year Ended December 31, 20Y2 (in millions) 18,892.00 Sales Variable cost of goods sold 1 Beginning inventory Variable cost of goods manufactured SEnding inventory 6 tal variable cost of goods sold $1.702.40 15,270.60 (1.702.40) 11,568.20 732380 84700 Manufacturing maigin Variable selling and administrative expensaes