Please help solve this question for me (#3, Chapter 4). It's a 2 part question. Thank you!

! Required Information The following information applies to the questions displayed below! O'Brien Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: Variable costs per unit: Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year! Fixed manufacturing overhead Fixed selling and administrative expenses $ $ $ $ 26 17 4 5570,000 $140,000 During its first year of operations, O'Brien produced 92,000 units and sold 74,000 units. During its second year of operations. It produced 77,000 units and sold 90,000 units. In its third year, O'Brien produced 82,000 units and sold 77.000 units. The selling price of the company's product is $72 per unit 3. Assume the company uses absorption costing and a FIFO Inventory flow assumption (FIFO means first in first-out In other words, it assumes that the oldest units in Inventory are sold first) a Compute the unit puhduct cost for Year 1 Year 2, and Year 3 b. Prepare an income statement for Year 1 Year 2, and Year 3 Complete this question by entering your answers in the tabs below. Reg DA Reg 3 Compute the unit product cost for Year 1, Year 2, and Year 3. (Round your intermediate calculations and final answers to 2 decimal places.) Pinduct Cm Yaar 1 Year 2 Year a Fixed costs per yeart Fixed manufacturing overhead Fixed selling and administrative expenses $570,000 $140,000 During its first year of operations. O'Brien produced 92,000 units and sold 74.000 units. During its second year of operations, it produced 77000 units and sold 90.000 units In its third year, O'Brien produced 82,000 units and sold 77,000 units. The selling price of the company's product is $72 per unit 3. Assume the company uses absorption costing and a FIFO inventory flow assumption (FIFO means first-in first-out. In other words. It assumes that the oldest units in inventory are sold first): a Compute the unit product cost for Year 1 Year 2 and Year 3. b. Prepare an income statement for Year 1. Year 2. and Year 3. Complete this question by entering your answers in the tabs below. Reg 3A Reg 38 Prepare an income statement for Year 1, Year 2, and Year 3. (Round your intermediate calculations to 2 decimal places.) Year 3 O'Brien Company Absorption Costing Income Statement Year 1 Year 2 Sales Cost of goods sold Gross margin 0 Selling and administrative expenses Not operating income $ 05 0 0 0 s 0