2. Jorgansen Lighting, Inc., manufactures heavy-duty street lighting systems for municipalities. The company uses variable costing for internal management reports and absorption costing for external reports to shareholders, creditors, and the government. The company has provided the following data: Year 1 Year 2 Inventories: Production (units) 15,000 15,000 Sales (units) 12,000 18,000 Variable costing net operating income $320,000 $460,000 The company's fixed manufacturing overhead per unit was $18. Required: Determine each year's absorption costing net operating income. (2 Marks)