please help me with this, the statement are in pic $2$

Rad 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.$

a$.$ Prepare a functional income statement using absorption costing for two years ago and last year.

Note: Do not use negative signs with any of your answers.

Note:$$Consider land a fixed manufacturing cost of the developer.

Absorption and variable costing income statements: sales exceeds production

Rad 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.$

a$.$ Prepare a functional income statement using absorption costing for two years ago and last year.

Note: Do not use negative signs with any of your answers.

Note: Consider land a fixed manufacturing cost of the developer.