Question - Absorption costing income statement

Aces Inc, a manufacturer of tennis rackets, began operations this year. The company produced 6,000 rackets and sold 4,000. Each racket was sold at a price of $90. Fixed overhead costs are $78,000 and fixed selling and administrative costs are $65,200. The company also reports the following per unit costs for the year:

Variable production costs - $25.00

Variable selling and administrative expenses - $2.00

Required: Prepare an income statement under absorption costing.