Please complete req $2$ & $3$ for STI manufacturing; Required:

Prepare an income statement for each year using full costing.

Prepare an income statement for each year using variable costing.

Prepare a reconciliation of the difference each year in the operating income resulting from the full and variable costing methods.

Complete this question by entering your answers in the tabs below.

Prepare an income statement for each year using variable costing.

Note: Round your final answers to nearest whole dollar amount.

$\backslash$table$[[$SECURITY TECHNOLOGY INCORPORATED$],[$Variable Costing$],[$Income Statement$],[,20$X$1,20$X$2],[$Sales$,0,,,$$ $24,450*,,$$ $27,350],[$Less: Cost of goods sold,,,,,,$],[$Cost of goods produced,$,$$ $611,250,,,$$ $683,750,],[,,,,,,],[,,,,,,],[$Available for sale,,$953,550,,,1,066,650,],[,ox,,,,,],[$Cost of goods sold,,,,,,$],[$Variable selling and administrative,,$17\mathrm{.}115,,,19,145,],[,**,,,*,,ox$