A manufacturer reports the following information for the past three years.

Year 1 Year 2 Year 3 Variable costing income $ 123,500 $ 128,800 $ 130,200

Beginning finished goods inventory (units) 0 1,650 1,150

Ending finished goods inventory (units) 1,650 1,150 1,250

Fixed overhead (FOH) per unit $ 3.40 $ 3.40 $ 3.40

Compute income for each of the three years using absorption costing. Hint: Fixed overhead in inventory equals the FOH per unit Units in inventory.