Discon Corporation manufactures a popular doll called Teardrops. Last year the company started with 10,100 dolls, produced 210,000 dolls, and ended the year with 8,100 dolls. Each doll was sold for $22 . The actual unit cost for Teardrops is given below: The only selling expenses were a commission of $3 per unit sold and advertising amounting to $351 , 000 . Administrative expenses, all fixed, equalled $271 , 000 . There were no beginning and ending work-In-process inventories. Required: 1. Prepare an income statement