The following information will be used for nert two mmentions 52. If 25,000 towels were produced during the year and 20,000 towels were sold, what would be Blindhawk's net income under variable costing? (There is no beginning inventory.) A. $28,000 B. $120,000 C. $60,000 D. $20,000 53. If 25,000 towels were produced during the year and 20,000 towels were sold, what would be Blindhawk's net income under absorption costing? (There is no beginning inventory.) A. $28,000 B. $120,000 C. $60,000 D. S20,000