A manufacturer reports the following information for the past three years. Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units) Fixed overhead (FOB) per unit Year 1 $110,000 0 1,200 $2.50 Year 2 $ 114,400 1,200 700 $ 2.50 Year 3 $ 118,950 700 800 $ 2.50 Compute income for each of the three years using absorption costing. Hint: Fixed overhead in inventory equals the FOH per unit Units in inventory. (Amounts to be deducted should be indicated with a minus sign.) Variable costing income Absorption costing income Year 1 Year 2 Year 3