The Gable Company manufactures trendy, high-quality, moderately priced watches. As Gable's senior financial analyst, you are asked to recommend a method of inventory costing. The chet Bnancial officer (CFO) will use your recommendation to prepare Gabler's 2020 income statement. The following data are for the year ended December 31, 2020 (Click the icon to view the data) (Click the icon to view the assumptions) Road the coquements Requirement 5. Prapare income statements under vanable and absorption costing for the year ended December 31, 20201 Begin by proparing the income statement under variable costing for the year ended December 31, 2020. Complete the top half of the income statement first, then complete the button portion Variable costing