Using the given information,determine the income under both the absorption and the direct (variable)costing methods for the company for the year.Explain the difference,if any. 
Definitions:
Parentheses
Symbols used in mathematics to group expressions and influence the order of operations.
Algebraic Expression
An expression that contains variables, numbers, and operations.
Evaluate
To calculate the value of an expression.
Algebraic Expression
An expression built from constants, variables, and a finite number of algebraic operations (e.g., addition, subtraction, multiplication, and division).
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