Syton, Incorporated, a frozen food manufacturer, began operations on January $1$ of the current year. During this time, the company produced $140,000$ units and sold $140,000$ units at a sales price of $$125$ per unit. Cost information for this period is shown in the following table:

Direct materials $ $13\mathrm{.}00$ per unit

Direct labor $ $6\mathrm{.}00$ per unit

Variable overhead $ $15\mathrm{.}00$ per unit

Fixed overhead $ $3,220,000$ per year

Variable selling and administrative $ $0\mathrm{.}65$ per unit

Fixed selling and administrative $ $458,000$ per year

a$.$ Prepare Syton's December $31$st income statement for the current year under absorption costing.

b$.$ Prepare Syton's December $31$st income statement for the current year under variable costing.