Sunland Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2022 are as follows:

Sunland Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2022 are as follows: Variable manufacturing costs $40 per shade Fixed manufacturing costs $ 113.300 Variable selling and administrative expenses $9 per shade Fixed selling and administrative expenses $ 250,300 Selling price $91 per shade Units produced 10,300 shades Units sold 8.530 shades (a) Prepare an income statement using absorption costing. (Enter loss using either a negative sign preceding the number e.g.-2,945 or parentheses e.g. (2.945).) SUNLANDWINDOWS Income Statement V Absorption Costing $ SUNLANDWINDOWS Income Statement For the Year Ended December 31, 2022 Absorption Costing Sales Less Ending inventory Selling and administrative expenses Less Cost of goods manufactured Sales $ Variable Net income/(loss) Fixed Cost of goods sold Beginning inventory $ Gross profit