Question 6 (14 marks) Syeron company was concerned that increased sales did not result in increased promise Both variable unit and total fixed manufacturing costs for 2018 and 2019 remained constant a $20 and $2,000,000, respectively. In 2018 the company produced 100,000 units and sold 80,000 units at a price of $50 per unit. There was no beginning inventory in 2018. In 2019 the company made 70,000 units and sold 90,000 units at a price of $50. Selling and administrative expenses were all fixed at $100,000 each year. REQUIRED: 1. Prepare income statements for each year using absorption costing in the gross margin format. (10 marks) 2. Reconcile Syeron Company's operating income reported under absorption and variable costing for each of its first two years of operation. (4 marks)