Score: 0 of 1 pt 45of 6 (3 complete) Hw Score: 47.62%, 2.86 of 6 pt E6-56B (similar to) Spade Industries has one product. Information about the production and sales of that product for the past year follow EEL (Click the icon to view the data.) The company had no beginning inventory Read the Requirement 1. Prepare two income statements for the year, one using absorption costing and one using variable costing Begin by preparing the income statement for the year using abeorption costing. Spade Industries Income Statement (Absorption Costing)