Check Required Information {The following information applies to the questions displayed below) Jorgansen Lighting, Inc., manufactures heavy duty street lighting systems for municipalities. 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 data: Year 1 Year 2 Year Inventories: Beginning (units) Ending units) Variable conting net operating income 200 170 $1,080,400 170 180 $1,032.400 180 220 $996,400 The company's fixed manufacturing overhead per unit was constant at $560 for all three years. 2. Assume in Year 4 that the company's variable costing net operating income was $984,400 and its absorption costing net operating income was $1,012.400 a. Did Inventories increase or decrease during Year 4? Increase Decrease b. How much fred manufacturing overhead cost was deferred or released from inventory during Year 47 Fed manufacturing overhead cost deferred in Inventory during Your 4