Variable Costing Income Statement On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept: Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (4,200 units) $151,200 Cost of goods sold: Cost of goods manufactured (4,900 units) $127,400 Inventory, April 30 (700 unlts) (18,200) Total cost of goods sold (109,200) Gross prot $42,000 Selling and administrative expenses (25,810) Operating lncome $16.19*] If the xed manufacturing costs were $31,850 and the fixed selling and administrative expenses were $12,640, prepare an income statement according to the variable costing conoept. Round all final answers to whole dollars.