ROUND CALCULATIONS TO 2 DECIMAL PLACES FOR THIS ASSIGNMENT Company A sells products to fine retailers worldwide. Below is the company's absorption costing income statement for the 4th quarter of last year: October November December Sales in Units 1,500 1,875 2,250 Sales Revenue $ 210,000 $ 262,500 $ 315,000 Cost of Goods Sold 84,000 $ 105,000 $ 126,000 Gross Profit $ 126,000 $ 157,500 $ 189,000 SG&A Expenses Shipping $ 22,000 EA 25,000 28,000 Advertising 35,000 $ 35,000 35,000 Salaries and Commissions 53,500 $ 62,500 $ 71,500 Administrative 4,200 $ 4,613 5,025 Depreciation 21,000 $ 21,000 21,000 Net Operating Income (9,700) $ 9,388 $ 28,475 1. Define the behavior for each cost in the income statement above and provide evidence that supports your choice.2. Prepare an income statement in the contribution format for the month of January. The company is expecting to sell 4,000 units for this month. Show all necessary calculations that are required to produce the income statement