Exercise $19-8($Algo$)$ Variable costing income statement LO P$2$

Kenzi, a manufacturer of kayaks, began operations this year. During this year, the company produced $1,025$ kayaks and sold $775$ at price of $$1,025$ each. At year$-$end, the company reported the following income statement information using absorption costing.

$\backslash$table$[[$Sales $(775$$$1,025),$$$794,375$