Please show how to get the profit using full costing in 2021 (the red box). I have done the green boxes myself and confirmed they are correct.

The following information is available for Cato Pools, a manufacturer of above-ground swimming pool kits: 2020 2021 Total Units produced 12,000 8.200 20,200 Units sold 10.100 10,100 20,200 Selling price per unit $4,060 $4,060 Direct material per unit $840 $840 Direct labor per unit $1,600 $1,600 Variable manufacturing overhead per unit $314 $314 Fixed manufacturing overhead per year $2,460,000 $2,460,000 Fixed selling and administrative expense per year $1,605,000 $1,605,000 In its first year of operation, the company produced 12,000 units but was able to sell only 10,100 units. In its second year, the company needed to get rid of excess inventory (the extra 1,900 units produced but not sold in 2020), so it cut back production to 8,200 units. Your answer is partially correct. Calculate profit for both years using full costing. (Round cost per unit to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125.) 2020 2021 Net profit $ 9515100 $ 8555600 e Textbook and Media Your answer is correct. Note that profit has declined in 2021. Is company performance actually worse in 2021 compared to 2020? No e Textbook and Media Your answer is correct. Calculate profit for both years using variable costing. 2020 2021 Net profit $ 9125600 $ 9125600