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 intemal management reports and absorption costing for extemal reports to shareholders, creditors, and the government. The company has provided the following data: Year Year 2 Year 3 1.66 points Inventories: Beginning (units) Ending units) 180 220 51,680,400 31,032,490 5996,490 208 17 170 180 variable costing net operating Income The compeny's fixed manufacturing overhead per unit was constant at $560 for all three years. Bock 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 o. Did inventories increase or decrease during Year 47 Increase O Decrease b. How much fixed manufacturing overhead cost was deferred or released from inventory during Year 4? manufacturing overhead cost