\begin{tabular}{|c|c|c|c|c|} \hline Req1A & Req 1B & Req 2 & Req 3A & Req 3B \\ \hline \end{tabular} Prepare operating income statements for Chataqua Can Company for its first three years of operations using variable costing. \begin{tabular}{|c|c|c|c|c|c|c|} \hline & \multicolumn{2}{|c|}{ Year 1} & \multicolumn{2}{|c|}{ Year 2} & \multicolumn{2}{|c|}{ Year 3} \\ \hline \multicolumn{7}{|c|}{ Variable expenses: } \\ \hline \\ \hline \multicolumn{7}{|c|}{>} \\ \hline \multicolumn{7}{|c|}{?} \\ \hline & $ & 0 & $ & 0 & $ & 0 \\ \hline \multicolumn{7}{|c|}{ Fixed expenses: } \\ \hline \multicolumn{7}{|c|}{P} \\ \hline \multicolumn{7}{|c|}{7} \\ \hline \multicolumn{7}{|c|}{P} \\ \hline 7 & $ & 0 & $ & 0 & $ & 0 \\ \hline \end{tabular} Reconcile Chataqua Can Company's operating income reported under absorption and variable costing for each of its first three years of operation. Use the shortcut method. Prepare operating income statements for Chataqua Can Company for its first three years of operations using absorption costing. Suppose that during Chataqua's fourth year of operation actual production equals planned production, actual costs are as expected, and the company ends the year with no inventory on hand. What will be the difference between absorption-costing income and variable-costing income in year 4