A manufacturer reports the information below for three recent years. Compute income for each of the three years using absorption costing. Variable costing income .................... $ 110.000 Beginning finished goods inventory (units) ...... 0 Ending finished goods inventory (units) ........ 1.200 Fixed manufacturing overhead per unit ......... $ 2.50 $114,400 $118,950 1.200 700 700 800 $ 2.50 $ 2.50