The following data pertains to the operations of Alpha Corporation for the year ended December 31, 2019, its first year of operations. Alpha Corporation makes computer equipment. Round ending inventory computations to the nearest dollar.

DATA FOR 2019
Sales	2,850	units	@	$	131	per unit
Variable manufacturing costs	3,130	units	@	$	38	per unit
Variable selling and administrative expenses				$	4	per unit
Fixed manufacturing costs				$	90,770
Fixed selling and administrative expenses				$	42,000
Finished goods inventory, December 31, 2019					280	units

Prepare an income statement for the year using the absorption costing approach. (Do not round your intermediate calculations. Round the final answers to the nearest dollar amount.)

ALPHA CORPORATION
Income Statement (Absorption Costing)
For Year Ended December 31, 2019
Sales
Cost of goods sold
Total cost of goods manufactured		$0
Cost of goods sold
			$0
Selling and administrative expenses
			0

Prepare an income statement for the year using the direct costing approach.

ALPHA CORPORATION
Income Statement (Direct Costing)
For Year Ended December 31, 2019
Sales
Cost of goods sold
Variable manufacturing costs
Cost of goods sold
		$0
Variable selling and administrative costs
		$0
Fixed costs and expenses
		0