Whispering Winds's Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2022, the company incurred the following costs:

Variable cost per unit

Direct materials $6.55

Direct labour 3.00

Variable manufacturing overhead 5.90

Variable selling and administrative expenses 3.60

Fixed costs for year

Fixed manufacturing overhead $324,020

Fixed selling and administrative expenses 239,500

Prepare a variable-costing income statement for 2022. (Round per unit calculations to 2 decimal places, e.g. 15.25. Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).)