The following information applies to the questions displayed below.] Oak Mart, a producer of solid oak tables, reports the following data from its second year of business. Sales price per unit $ 310 per unit Units produced this year 115,000 units Units sold this year 118,000 units Units in beginning-year inventory 3,000 units Beginning inventory costs Variable (3,000 units $135) $ 405,000 Fixed (3,000 units $80) 240,000 Total $ 645,000 Manufacturing costs this year Direct materials $ 44 per unit Direct labor $ 70 per unit Overhead costs this year Variable overhead $ 3,200,000 Fixed overhead $ 7,400,000 Selling and administrative costs this year Variable $ 1,450,000 Fixed 4,000,000 1. Prepare the current-year income statement for the company using variable costing.