pls help!!!! not sure if #1 is correct or not either

Whitman Company has just completed its first year of operations. The company's absorption costing income statement for the year follows: Whitman Company Income Statement Sales (40,000 units * $44.10 per unit) Cost of goods sold (40,000 units * $24 per unit) Gross margin Selling and administrative expenses Net operating income $1,764,000 960,000 804,000 500,000 $ 304,000 The company's selling and administrative expenses consist of $300,000 per year in fixed expenses and $5 per unit sold in variable expenses. The $24 unit product cost given above is computed as follows: $ 12 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead ($240,000 = 48,000 units) Absorption costing unit product cost uw $ 24 Required: 1. Redo the company's income statement in the contribution format using variable costing. 2. Reconcile any difference between the net operating income on your variable costing income statement and the net operating income on the absorption costing income statement above. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Redo the company's income statement in the contribution format using variable costing. Whitman Company Variable Costing Income Statement Sales $ 1,764,000 Variable expenses: $ 760,000 175,000 Variable selling and administrative expenses Variable cost of goods sold 935,000 829,000 Contribution margin Fixed expenses: Fixed manufacturing overhead Fixed selling and administrative expenses Net operating income $ 829,000 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Reconcile any difference between the net operating income on your variable costing income statement and the net operating income on the absorption costing income statement above. (Enter any losses or deductions as a negative value.) Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes Variable costing net operating income Absorption costing net operating income