Vaughan's Gadget Emporium had the following information available in their first year of production: Units Produced 15,000 Units Sold 8,000 Sales Price $120 per unit Direct Materials $20 per unit Direct Labor $10 per unit Variable Factory Overhead $5 per unit $150,000 for the period Fixed Factory Overhead Variable Selling & Administrative Costs Fixed Selling & Administrative Costs $6 per unit $100,000 for the period Vaughan will report net income of $ on her income statement if she uses variable costing. Webb's Widget Emporium had the following information available in their first year of production: Units Produced 25,000 Units Sold 10,000 Sales Price $280 per unit Direct Materials $90 per unit Direct Labor $20 per unit $10 per unit Variable Factory Overhead Fixed Factory Overhead $150,000 for the period Variable Selling & Administrative Costs $50 per unit Fixed Selling & Administrative Costs $100,000 for the period Webb will report net income of $ on his income statement if he uses absorption costing