A manufacturer reports the following information below for its first three years in operation. Year 1 $76,000 0 800 $ 8.00 Income under variable costing Beginning inventory (units) Ending inventory (units) Fixed manufacturing overhead per unit Year 2 $109,000 800 500 $ 8.00 Year 3 $115,000 500 $ 8.00 Income for year 3-year period using absorption costing is: Multiple Choice $280,000 $280,000. O $310,000. O $300,000. O $305,000. O $308,000