The annual data that follow pertain to Sea Shades, a manufacturer of swimming goggles. (Sea Shades had no beginning inventories.) (Click the icon to view the data.) Requirements 1. Prepare both conventional (absorption costing) and contribution margin (variable costing) income statements for Sea Shades for the year. 2. Which statement shows the higher operating income? Why? Reconcile the difference between the two statements. Requirement 1. Prepare both conventional (absorption costing) and contribution margin (variable costing) income statements for Sea Shades for the year. Begin with the conventional (absorption costing) income statement. (For entries with a zero balance, make sure to enter "0" in the aporonriate cell) Data table