Question-3 Marks-10 The following table shows the inventory balances, in units, for years 1, 2, and 3. Total fixed manufacturing costs were $30,000 for each of the last five years. The units in Year 1 beginning inventory were based on production of 500 units. Year 1 2 3 Beginning inventory Production Sales 50 U 100 500 600 600 (550) (500) (600) Ending inventory 100 100 Required: For each year, indicate and briefly explain in which costing system has higher net income