During its first year of operations, O'Brien produced 95,000 units and sold 71,000 units. During its second year of operations, it produced 77,000 units and sold 96,000 units. In its third year, O'Brien produced 80,000 units and sold 75,000 units. The selling price of the company's product is $80 per unit. Assume the company uses absorption costing and a FIFO inventory flow assumption (FIFO means first-in first-out. In other word: ssumes that the oldest units in inventory are sold first): Compute the unit product cost for Year 1, Year 2, and Year 3. Prepare an income statement for Year 1, Year 2, and Year 3. B) Answer is not complete. Complete this question by entering your answers in the tabs below. Compute the unit product cost for Year 1 , Year 2, and Year 3. (Round your intermediate calculations and final answers to 2 decimal places.) During its first year of operations, O'Brien produced 95,000 units and sold 71,000 units. During its second year of operations, it produced 77,000 units and sold 96,000 units. In its third year, O'Brien produced 80,000 units and sold 75,000 units. The selling price of the company's product is $80 per unit. Assume the company uses absorption costing and a FIFO inventory flow assumption (FIFO means first-in first-out. In other words, issumes that the oldest units in inventory are sold first): Compute the unit product cost for Year 1, Year 2, and Year 3. Prepare an income statement for Year 1, Year 2, and Year 3. Complete this question by entering your answers in the tabs below. Prepare an income statement for Year 1, Year 2, and Year 3. (Round your intermediate calculations to 2 decimal places.)