Additional Information a. Sales and production data for these first two years follow. b. Variable costs per unit and fixed costs per year are unchanged during these years. The company's $37 per unit product cost using absorption costing consists of the following. c. Selling and administrative expenses consist of the following. Required: Prepare income statements for each of these two years under varlable costing. (Loss amounts should be entered with a minus sign.) \begin{tabular}{|c|c|c|} \hline \multicolumn{2}{|c|}{ DOWELL Company } & Yncome Statements (Variable Costing) \\ \hline & Year 1 & Year 2 \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Income (Loss) & & \\ \hline \end{tabular} Trez Company began operations this year. During this year, the company produced 100,000 units and sold 80,000 units. The absorption costing income statement for this year follows. Additional information a. Selling and administrative expenses consist of $350,000 in annual fixed expenses and $2.25 per unit in variable selling and administrative expenses. b. The company's product cost of $20 per unit consists of the following. Required: Prepare an income statement for the company under variable costing