1. Prepare the current-year income statement using variable costing. 1. Prepare the current-year income statement using variable costing. \begin{tabular}{|l|l|} \hline & OAK MART \\ \hline & Income Statement (Variable Costing) \\ \hline Plus: Variable expenses & \\ \hline Less: Cost of goods sold & \\ \hline Less: Ending finished goods inventory & \\ \hline Less: Fixed expenses & \\ \hline Less: Variable expenses & \\ \hline \end{tabular} OAK MART OAK MART Required information The following information applies to the questions displioyed below] Oak Mart, a producer of solid ook tables, reports the following data from its first year of business. 1. Prepare the current-year income statement using varisbie costing