The annual data that follow pertain to Carl's Crazy Eyewear, a manufacturer of swimming goggles. (Carl's Crazy Eyewear had no beginning Finished Goods Inventory in January.) (Click the icon to view the data.) Read the requirements. Begin by preparing Carl's Crazy Eyewear's conventional (absorption costing) income statement for the year ended December 31. Data table Prepare Carl's Crazy Eyewear's contribution margin (variable costing) income statement for the year ended December 31. Requirement 2. Which statement shows the higher operating income? Why? The income statement shows the higher operating income. The operating income under costing is higher because the units sold The difference in operating income between the two income statements is attributable to the attached to the units The company go ahead with the promotion because the additional the additional cost of the promotion