A manufacturer reports the following information below for its first three years in operation. Income under variable costing Year 1 $ Year 2 Year 3 82.000 115,000 121,000 Beginning inventory (units) 0 860 530 Ending inventory (units) 860 530 0 Fixed manufacturing overhead per unit $ 7.00 $ 7.00 $ 7.00 Income for year 3 using absorption costing is: $122,420. O $112,690. $115,000. $117,290. O $121,000