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Required information Exercise 4-3 (Algo) Reconciliation of Absorption and Variable Costing Net Operating Incomes [LO4-3] [The following information applies to the questions displayed below] Jorgansen Lighting, Incorporated, manufactures heavy-duty street ligbting systems for municipasities. The company uses variable costing for internal management reports and absorption costing for external reports to shareholders, creditors. and the government. The company has provided the following dota: The company's fixed manufacturing overhead per unit was constant at $550 for all three years. Exercise 4-3 (Algo) Part 1 Required: 1. Calculate each year's absorption costing net operating income. Note: Enter any losses or deductions as a negative value