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 internal management reports and absorption costing for external reports to shareholders, creditors, and the government. The company has provided the following data Year 1 Year Year Inventories Beginning (units) 210 160 190 Ending (units) 160 190 230 Variable costing net operating income 5300.000 $269,000 $260,000 The company's fixed manufocturing overhead per unit was constant at $500 for all three years. Required: 1. Calculate each year's absorption costing net operating income. (Enter any losses or deductions as a negative value.) 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 internal management reports and absorption costing for external reports to shareholders, creditors, and the government. The company has provided the following data Year 1 Year Year Inventories Beginning (units) 210 160 190 Ending (units) 160 190 230 Variable costing net operating income 5300.000 $269,000 $260,000 The company's fixed manufocturing overhead per unit was constant at $500 for all three years. Required: 1. Calculate each year's absorption costing net operating income. (Enter any losses or deductions as a negative value.)