Question and data are in spreadsheet. Thanks

I need a few income statements completed as well as the other requirements of the spreadsheets. Thanks

Question: Race Track Motors assembles and sells motor vehicles and uses standard costing. Actual data relating to April and May 2014 are as follows: April Unit data Beginning inventory Production Sales Variable costs Manufacturing cost per unit produced Operating cost per unit sold Fixed costs Manufacturing costs Operating costs May 0 500 350 150 475 605 $9,000 2,800 $9,000 2,800 $2,000,000 $2,000,000 700,000 700,000 The selling price per vehicle is $21,000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 500 units. There are no price, efficiency, or spending variances. Any production-volume variance is written off to cost of good sold in the month in which it occurs. Requirements: 1. Prepare April and May 2014 income statements for Race Track Motors under (a) variable costing and (b) absorption costing. 2. Prepare a numerical reconciliation and explanation of the difference between operating income for each month under variable costing and absorption costing