Mandato Corporation has provided the following data for its two most recent years of operation: Selling price per unit 50 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead per year Selling and administrative expenses: Variable selling and administrative expense per unit sold Fixed selling and administrative expense per year Units in beginning inventory Units produced during the year Units sold during the year Units in ending inventory The net operating income (loss) under absorption costing in Year 2 is closest to: $74,000 $138,000 $183,000 $68,000 EA EA EA EA 10 6 5 $ 72,000 EA SA 5 $ 70,000 Year 1 Year 2 0 3,000 9,000 8,000 6,000 9,000 3,000 2,000