SSHV manufactures snowboards. SSHV began 2020 with an inventory of 210 boards. During the year, it produced 1,400 boards and sold 1,020 for $740 each. Fixed production costs were $294,000, and variable production costs were $410 per unit. Fixed advertising, marketing, and other general and administrative expenses were $110,000, and variable shipping costs were $17 per board. Assume that the cost of each unit in beginning inventory is equal to 2020 inventory cost. SSHV uses a denominator level of 1,400 units. Read the requirements. Requirement 1. Prepare an income statement assuming SSHV uses variable costing. Complete the top half of the income statement first, then complete the bottom portion. (Use parentheses or a minus sign for an operating loss.)Requirement 2. Prepare an income statement assuming SSHV uses absorption costing. SSHV uses a denominator level of 1,400 units. Production-volume variances are written off to cost of goods sold. Complete the top half of the income statement first, then complete the bottom portion. (Do not round intermediary calculations. Only round the amount you input in the cell to the nearest dollar. Use parentheses or a minus sign for an operating loss.)Requirement 3. Compute the breakeven point in units sold assuming SSHV uses (a) Variable costing and (b) Absorption costing. Provide proof of your breakeven calculations. Requirement 3(a). Compute the breakeven point in units under variable costing. (Round your answer up to the next whole number.) Breakeven point under variable costingRequirement 3(b). Compute the breakeven point in units under absorption costing. First, select the formula and enter the amounts. Then solve for Q in the next step. (Enter the fixed mfg rate to the nearest cent. Assume "Q" is the breakeven point in units. Abbreviations used: BEP = breakeven point, CM = contribution margin, and Mfg = manufacturing.) BEP under absorption