I am having issues with incorrect values

Absorption and Variable Costing Comparisons: Sales Exceed Production

Wright Development purchases, develops, and sells commercial building sites. As the sites are sold, they are cleared at an average cost of $$8,000$ per site. Storm

drains and driveways are also installed at an average cost of $$10,000$ per site. Selling costs are $6\%$ of sales price. Administrative costs are $$600,000$ per year. Two year

ago, the company bought $2,000$ acres of land for $$7,500,000$ and divided it into $200$ sites of equal size. During that year, $95$ sites were sold at an average price of

$$150,000.$ Last year, the company purchased and developed another $2,000$ acres, divided into $200$ sites. The purchase price was again $$7,500,000$ sales totaled $250$

sites last year at an average price of $$150,000.$

Required

a$.$ Prepare functional income statements using absorption costing for each of the two years.

Use a negative sign only to indicate a net loss for income. Otherwise, do not use negative signs with your answers.

b$.$ Prepare contribution income statements using variable costing for each of the two years.

Use a negative sign only to indicate a net loss for income. Otherwise, do not use negative signs with your answers.I am having issues with the values marked incorrect

Absorption and Variable Costing Comparisons: Sales Exceed ProductionWright Development purchases, develops, and sells commercial building sites. As the sites are sold, they are cleared at an average cost of $$8,000$ per site. Storm drains and driveways are also installed at an average cost of $$10,000$ per site. Selling costs are $6\%$ of sales price. Administrative costs are $$600,000$ per year, Two years ago, the company bought $2,000$ acres of land for $$7,500,000$ and divided it into $200$ sites of equal size. During that year, $95$ sites were sold at an average price of $$150,000.$ Last year, the company purchased and developed another $2,000$ acres, divided into $200$ sites. The purchase price was again $$7,500,000.$ Sales totaled $250$ sites last year at an average price of $$150,000,$Requireda. Prepare functional income statements using absorption costing for each of the two years.Use a negative sign only to indicate a net loss for income. Otherwise, do not use negative signs with your answers.Wright Development Functional $($Absorption Costing$)$ Income StatementsComparative$($in thousands, except site data$)$Year $1$Year $2$Sales$14,250$$ $5,272\mathrm{.}537,500$Cost of sales$13,875$Gross profit$8,977\mathrm{.}523,625$Selling and administrative expenses:$1,4552,850$Net income $($lassi$37\mathrm{.}522\mathrm{.}5\text{'}$s$20,775$b$.$ Prepare contribution income statements using variable costing for each of the two years.Use a negative sign only to indicate a net loss for income. Otherwise, do not use negative signs with your answersWright Development Contribution Income StatementsComparative$($in thousands, except site datalYear $1$Year $2$Sales$14250137,500$Variable co$2,545430$Comeritution margen$11,68510\mathrm{.}750$Fed expec$60,0009,975175225$ I$20\mathrm{.}775$