Variable Costing Income Statement

On April $30,$ the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept:

Joplin Company

Absorption Costing Income Statement

For the Month Ended April $30$

Line Item Description Amount Amount

Sales $(4,800$ units$)$ $$120,000$

Cost of goods sold:

Cost of goods manufactured $(5,600$ units$)$ $$100,800$

Inventory, April $30(800$ units$)(14,400)$

Total cost of goods sold $(86,400)$

Gross profit $$33,600$

Selling and administrative expenses $(18,950)$

Operating income $$14,650$

If the fixed manufacturing costs were $$20,160$ and the fixed selling and administrative expenses were $$9,280,$ prepare an income statement according to the variable costing concept. Round all final answers to whole dollars.