The 2018 data that follow pertain to Ars Awesome Eyewear, a manufacturer of swimming googles. (Al's Awesome Eyewear had no beginning Finished Goods inventory in January 2018.) (Click the icon to view the data.) Read the requirements Requirements Requirement 1. Prepare both conventional (absorption costing) and contribution margin (variable costing) income statements for Als Awesome Eyewear for the year ended December 31, 20 Begin by preparing Al's Awesome Eyewear's conventional labsorption costing) income statement for the year ended December 31, 2018 Al's Awesome Eyewear Income Statement (Absorption Costing) i - Year Ended December 31, 2018 Data Table X 1. Prepare both corrventional (absorption costing) and contribution margir (variable costing) income statements for Al's Awesome Eyewear for the year ended Docomber 31, 2018 2. Which statement shows the higher operating income? Why? 3. Alls Awesome Eyewear's marketing vir president believes a new sales promotion that costs $180,000 would increase sales to 190.000 goggles Should the company go ahead with the promotion? Give your reasoning 210000 175.000 Print Done Operating Income Number of goggles produced Number of cogcles sold Sales price per unit Variable manufacturing cost per unit Sales commission cost per unit Fixed manufacturing overhead Fixed seling and administrative costs 1.200,000 150 000 Print Lane