The following information is available for Dunworth Canoes, a company that builds inexpensive aluminum canoes:

		2020		2021		Total
Units produced		21,000		15,000		36,000
Units sold		18,000		18,000		36,000
Selling price per unit		$500		$500
Variable production costs per unit		$200		$200
Direct material per unit		$80		$80
Direct labor per unit		$50		$50
Variable manufacturing overhead per unit		$70		$70
Fixed manufacturing overhead per year		$630,000		$630,000
Fixed selling and administrative expense per year		$200,000		$200,000

In its first year of operation, the company produced 21,000 units but was able to sell only 18,000 units. In its second year, the company needed to get rid of excess inventory (the extra 3,000 units produced but not sold in 2020) so it cut back production to 15,000 units.

Calculate profit for both years using variable costing.