please answer all parts to the question.

The Marx Company produces a 10-inch chef knife used by commercial chefs. The knives sell for $200 each. In 2020, the company produced 10,400 units and sold 8,300 units. There was no beginning inventory. Following are variable and full costing income statements for 2020 Income Statement Prepared Using Variable Costing Marx Company Income Statement For the Year Ending December 31, 2020 Sales $1,660,000 Less variable costs: Variable cost of goods sold $820,000 Variable selling expense 158,000 978,000 Contribution margin 682,000 Less fixed costs: Fixed manufacturing expense 322,400 Fixed selling expense 100,000 Fixed administrative expense 200,000 622,400 Net income $59,600 Sales Income Statement Prepared Using Full Costing Marx Company Income Statement For the Year Ending December 31, 2020 $1,660,000 Less cost of goods sold 1,077.300 Gross margin 582.700 Less selling and administrative expenses: Selling expense $258,000 Administrative expense 200.000 458.000 Net income $124.700 Reconcile the difference in profit between the two income statements. (Round cost per unit to 2 decimal places, a.s. 15.25 and final answers to 0 decimal places, e.g. 125.) Reconciliation Statement Net income under variable costing $ $1,660,000 Van Corranny Income Statement Tor the Year Ending December 31, 2020 Sales Less variable costs Variablcost of goods sold $820,000 Variable selling expense 158,000 Contribution margin Less fixed costs Fixed manufacturing expense 322,400 Fixed selling expense 100,000 Fixed administrative expense 200,000 Net income 978,000 682,000 622,400 $59,600 Income Statement Prepared Using Full Costing Marx Company Income Statement For the Year Ending December 31, 2020 Sales $1,660,000 Less cost of goods sold 1,077,300 Gross margin 582.700 Less selling and administrative expenses: Selling expense $258,000 Administrative expense 200,000 458,000 Net income $124,700 Reconcile the difference in profit between the two income statements. (Round cost per unit to 2 decimal places, e and final answers to 0 decimal places, eg.125.) Reconciliation Statement Net income under variable costing Net income under full costing Save for Later