The annal data that folloes pertain to Goggples 4 U,a malactheer of swinming goggles (the company had no beginning inventory) Cck t icon to view the data ) eqirements 1Prcare both conventional (absorpton costing) and cont itsution margin (varialle costng) iecome aeents for Goggles 4 U v the year Wich statement shows the highet operating income? Wh 3. he con cany marketing vice prende" televes a new sales promoton that cost, $150,000 would increase sin 220 000 gewies Shodl compay go ah win no Pomen? Gve you reaon quirement 1 Prepare both conventional (abeorpion coling) and contribution margin (variable coingi) ecome stalements for Gegles & U for the year legn with the conventional(absorgption conting) ncome statement Goggles 4 Uu Income Statement (Absorption Costing For the Year Ended December1 Dala Tabie Sales Less Cost of goods sold .Gross proft Less Operating expenses Operating rncome sevenue s 7605.000 Sales prce Sales comssion espare per une danauring overheat wed operaing expenses 1.960.000 245000 220 000 16.000 hoose om ny ist or enter any umber in the input teids and then cikk Check Ans Pnt Done 5 Piaining