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Check my work 5 Yale Company manufactures hair brushes that sell at wholesale for $3 per unit The company had no beginning inventory in the prior year. These data summarize the current and prior year operations: Current Year 0.31 points Prior Year 3, 000 units 4,400 units Sales S, 800 units 4,400 unite Production cost Factory variable (per unit) S 0.60 82,200 0.40 500 s 0.60 2,200 s 0.40 S 500 -flxed Marketing-varlable Adniniatrative-fixed eBook References Required: 1. Prepare an income statement for each year based on full costing 2. Prepare an income statement for each year based on variable costing 3. Prepare a reconciliation of the difference each year in the operating income resulting from using the full costing method and variable costing method Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare an income statement for each year based on full costing. Full Costing Income Statement Prior Year Less: Cost of goods sold Available for sale Cost of goods sold Gross margin Less: Selling and administrative costs Operating income