Required information [The following information applies to the questions displayed below.] Jorgansen Lighting. Incorporated, 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: The company's fixed manufacturing overhead per unit was constant at $560 for all three years. Required: 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. Incorporated, manufactures heavy duty street lighting systems for municipalities. The company uses vatiable costing for internal management reports and absorption costing for external reports to shareholders, creditors. and the government The company has provided the following data: Ine companys nxed manufacturing overhead per unit was constant at $560 for all three years. 2. Assume in Year 4 that the company's variable costing net operating income was $250,000 and its absorption costing net operating income was $310,000. A. Did imentories increase or decreaso during Year 4? increase Decreose 6. How much foud manufacturing overhead cost was deferred or released from inventory during Year 4