Use the following to answer questions 26-29: Wilson Company makes hockey sticks. The costs and prices for the sticks follow. Assume that Wilson produced 300,000 units for the year and sold 250,000. There was no beginning inventory, and all costs were incurred as expected. What would the ending inventory value be under variable costing? What would the ending inventory value be under full (absorption) costing? Prepare in income statement to determine net income under variable costing. Please show contribution margin. Prepare in income statement to determine net income under full costing