20. (10 points) Yangtze Corp. reported the following information for the most recent years ended: Year 1 Production units 12,500 Sales price per unit $125.00 Units sold 9,600 Direct Materials per unit $ 30.00 Direct Labor per unit $ 20.00 Variable Manufacturing OH per unit $ 10.00 Fixed Manufacturing OH costs $140,000 Variable sell & admin costs per unit $ 8.00 Fixed sell & admin costs $ 70,000 There was no beginning inventory in Year 1. Year 2 10,000 $125.00 10,500 $ 30.00 $ 20.00 $ 10.00 $140,000 $ 8.00 $ 70,000 Prepare Income Statements for each year (Year 1 and Year 2) using Full Costing