Splish Corp. is a manufacturer of specialty in-line skates. The operating results for 2022 are as follows:

Units produced		19,600	pairs
Units sold		17,800	pairs
Selling price		$230.00	per pair

Production information:
Direct materials		$999,600
Direct labour		715,400
Variable manufacturing overhead		450,800
Fixed manufacturing overhead		793,800
Variable marketing costs		178,000
Fixed marketing costs		202,650

There was no beginning finished goods inventory.

Prepare an absorption-costing income statement. (Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125.)

SPLISHCorp. Income Statement choose the accounting period December 31, 2022Month Ended December 31, 2022Year Ended December 31, 2022 Absorption Costing
	Production in units					enter a number of units
	Sales in units					enter sales in units
	select an income statement item Inventory, beginningGross profitFixed costsTotal marketing costsInventory, endingMarketing costsCost of goods available for saleVariable marketing costsCost of goods soldCosts of goods manufacturedSalesFixed marketing costsNet income					$enter a number of units
	select between addition and deduction AddLess: select an opening name for section one Marketing costsFixed marketing costsCost of goods soldFixed costsTotal marketing costsCost of goods available for saleCosts of goods manufacturedSalesNet incomeInventory, beginningGross profitInventory, endingVariable marketing costs
	select an income statement item Marketing costsSalesFixed marketing costsVariable marketing costsFixed costsCost of goods available for saleInventory, endingCosts of goods manufacturedCost of goods soldNet incomeInventory, beginningGross profitTotal marketing costs			$enter a dollar amount
	select between addition and deduction AddLess: select an income statement item SalesMarketing costsTotal marketing costsInventory, endingNet incomeCost of goods soldFixed marketing costsFixed costsCosts of goods manufacturedVariable marketing costsInventory, beginningGross profitCost of goods available for sale			enter a dollar amount
	select an income statement item SalesCost of goods soldTotal marketing costsFixed costsNet incomeCost of goods available for saleCosts of goods manufacturedVariable marketing costsMarketing costsInventory, endingFixed marketing costsGross profitInventory, beginning			enter a subtotal of the two previous amounts
	select between addition and deduction AddLess: select an income statement item Marketing costsFixed costsCost of goods available for saleInventory, beginningGross profitCost of goods soldVariable marketing costsSalesTotal marketing costsCosts of goods manufacturedInventory, endingNet incomeFixed marketing costs			enter a dollar amount
	select a closing name for section one Marketing costsCost of goods available for saleSalesCost of goods soldInventory, beginningVariable marketing costsFixed costsFixed marketing costsGross profitTotal marketing costsNet incomeCosts of goods manufacturedInventory, ending					enter a total amount for section one
	select a summarizing line for the first part Fixed marketing costsNet incomeGross profitCosts of goods manufacturedCost of goods available for saleSalesCost of goods soldTotal marketing costsFixed costsMarketing costsVariable marketing costsInventory, endingInventory, beginning					enter a total amount for the first part
	select between addition and deduction AddLess: select an opening name for section two Marketing costsCost of goods available for saleInventory, endingInventory, beginningVariable marketing costsCost of goods soldNet incomeGross profitCosts of goods manufacturedTotal marketing costsSalesFixed costsFixed marketing costs
	select an income statement item Cost of goods soldFixed costsMarketing costsInventory, beginningNet incomeTotal marketing costsGross profitCost of goods available for saleCosts of goods manufacturedInventory, endingSalesFixed marketing costsVariable marketing costs			enter a dollar amount
	select an income statement item Gross profitCosts of goods manufacturedMarketing costsCost of goods soldCost of goods available for saleTotal marketing costsInventory, beginningFixed marketing costsInventory, endingFixed costsVariable marketing costsSalesNet income			enter a dollar amount
	select a closing name for section two Inventory, beginningNet incomeCost of goods soldFixed costsFixed marketing costsGross profitInventory, endingSalesTotal marketing costsMarketing costsVariable marketing costsCost of goods available for saleCosts of goods manufactured					enter a total amount for section two
	select a closing name for this statement SalesFixed costsNet incomeTotal marketing costsCost of goods available for saleMarketing costsFixed marketing costsCosts of goods manufacturedGross profitInventory, beginningInventory, endingCost of goods soldVariable marketing costs					$enter a total amount for this statement