please help!!

During Durton Company's first two years of operations, the company reported absorption costing operating income as shown below. Production and cost data for the two years are given: Units produced Units sold Year 1 25,000 20,000 Year 2 25,000 30,000 Sales (at $50 per unit) Year 1 Year 2 $1,000,000 $1,500,000 Cost of goods sold: Beginning inventory Add cost of goods manufactured (at $34 per unit) 850,000 170,000 850,000 Goods available for sale Less ending inventory (at $34 per unit) 850,000 170,000 1,020,000 0 Cost of goods sold 680,000 1,020,000 Gross margin Selling and administrative expenses Operating income 320,000 310,000 480,000 340,000 $ 10,000 $ 140,000 *$3 per unit variable: $250,000 fixed each year, The company's $34 unit product cost is computed as follows: Direct materials Direc labour Variable manufacturing overhead Fixed manufacturing overhead ($350,000 + 25,000 units) $ 8 10 2 14 Unit product cost $34 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead ($350,000 + 25,000 units) Unit product cost $ 8 10 2 14 $34 Required: 1. Prepare a variable costing income statement for each year in the contribution format. Variable Costing Income Statement Year 1 Year 2 Variable expenses Total variable expenses 0 0 0 0 Fixed expenses 0 Total fixed expenses Operating income (loss) 0 0 $ $ 0 2. Reconcile the absorption costing and variable costing operating income figures for each year. (Loss amounts should be indicated by a minus sign.) Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes Year 1 Year 2 Variable costing operating income (loss) Add: Fixed manufacturing overhead cost deferred in inventory under absorption costing Deduct: Fixed manufacturing overhead cost released from inventory under absorption costing Absorption costing operating income