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Worrel Corporation manufactures a single product. The following data pertain to the company's operations over the last two years: Variable costing net operating income, last

Worrel Corporation manufactures a single product. The following data pertain to the company's operations over the last two years:

Variable costing net operating income, last year $ 71,000
Variable costing net operating income, this year $ 92,000
Fixed manufacturing overhead costs deferred in inventory under absorption costing, last year $ 2,000
Fixed manufacturing overhead costs released from inventory under absorption costing, this year $ 11,000

Required:

Determine the absorption costing net operating income last year.

Determine the absorption costing net operating income this year.

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