The manufacturing and selling data for Abracadabra Inc. for the year 2018 is given below: - --- Selling price $37 /unit --- Finished goods (beginning).. 10310 units --- Production 81380 units -- Sales 75000 units Variable costs: -- Manufacturing --- Selling and administrative $7 /unit $4 /unit Fixed costs: --- Manufacturing --- Selling and administrative $320000 /year $298000/year Assuming costs per unit were consistent over the years in both the costing methods, prepare the followings in the box below: (a) Income statement using absorption costing. (b) Income statement using variable costing. (c) Reconciliation of net operating incomes