The following information pertains to the first year of operation for Crystal Cold Coolers Inc.: Number of units produced 2,900 Number of units sold 2,300 Unit sales price $ 345 Direct materials per unit $ 60 Direct labor per unit $ 45 Variable manufacturing overhead per unit $ 12 Fixed manufacturing overhead per unit ($188,500/2,900 units) $ 65 Total variable selling expenses ($11 per unit sold) $ 25,300 Total fixed general and administrative expenses $ 63,000 Required: Prepare Crystal Cold’s full absorption costing income statement and variable costing income statement for the year.