PLEASE fill just the empty boxs. other answers are correct.

High Tension Transformers, Inc., manufactures heavy-duty transformers for electrical switching stations. 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 data for years 1, 2, and 3 that follow. The company's fixed manufacturing overhead per unit was constant at $627 for all three years. Determine each year's absorption costing operating income. Present your answer in the form of a reconciliation report. In year 4, the company's variable costing operating income was $256, 400 and its absorption costing operating income was $273, 600. Did inventories increase or decrease during year 4? Inventories have decreased Inventories have increased How much fixed manufacturing overhead cost was deferred or released from inventory during year 4? The amount from inventory during year 4 was $