Prepare income statements for each of these two years under variable costing $($loss amounts should be entered with a minus sign$)$

Dowell Company produces a single product. Its income statements under absorption costing for its first two years of operation follow.

$\backslash$table$[[$Income Statements $($Absorption$,$Year $1,$Year $2],[$Costing$),$$$,920,000,3,960,000$