Please answer all the requirement with all working and in proper format

Margaret Moore. CEO of Carla Vista Industries. is concerned about the recent volatility in the company's operating income. She believes that since the number of units sold has been fairly stable overthe past three years that operating income also should have been stable. Margaret asked Joseph Taylor. Carla Vista's inventory manager, to help her understand the issue. Joseph reviewed the company's records and compiled the following changes to Finished Goods Inventory [in units} for the years 2015', 2020. and 2021 Year 2019 2020 2021 Beginning inventory 1,000 2,000 500 Production 40,000 38,000 40,000 Sales (39000! {39.500} {39.500} Ending inventory 2.000 500 1.000 Joseph also gathered the 2019 income statements prepared using absorption costing and variable costing, which follow. Joseph also gathered the 2019 income statements prepared using absorption costing and variable costing, which follow. Income State momAbsorption Costing Sales $ assume Cost of goods sold Units in beginning inventory [93,000] Units sold from current year production [3,534,000] Total cost of goods sold [3.627.000] Gross margin 1.8331000 Selling expense {530,000} Operating Income $ 1.2031000 Inoorne StatementVariable Costing Sales Variable production expenses Variable selling expenses Contribution margin Fixed manufacturing expenses Fixed selling expenses Operating income $ $ 5,460,000 (2,145,000) (156,000) 3,159,000 (1,520,000) (474,000) 1,165,000 \f(b) Prepare variable and absorption costing income statements for 202Dand 2021. Assume that sales price remains constant across all years. [and answers toOdecimainaces. es. 5.2?51I Income StatementAbsorption Costing 2020 2021 Income StatementVariable Costing 2090 2021