The annual data that folows pertain to shady, a manufacturer of swimming goggles (the company had no beginning inventory) (Click the icon to view the data.) Read the teoulremonts Data table Requirements 1. Prepare both conventional (absorption costing) and contribution margin (variable costing) income statements for Shady for the year. 2. Which statement shows the higher operating income? Why? 3. The company marketing vice president believes a new sales promotion that costs $140,000 would increase sales to 215,000 goggles. Should the company go ahead with the promotion? Give your reason