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 (FOH) per unit Year 1 $ 111,500 1,250 $ 5.00 Year 2 $ 116,000 1,250 750 $ 5.00 Year 3 $ 120,200 750 850 $ 5.00 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