please answer the following question and show your steps.

here is the income statements for absorption costing and variable costing in the previous questions.

thank you!

Chataqua Can Company manufactures metal cans used in the food-processing industry. A case of cans sells for $50. The variable costs of production for one case of cans are as follows: Variable selling and administrative costs amount to $1 per case. Budgeted fixed manufacturing overhead is $800,000 per year, and fixed selling and administrative cost is $75,000 per year. The following data pertain to the company's first three years of operation. Actual costs were the same as the budgeted costs. 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 ? Prepare operating income statements for Chataqua Can Company for its first three years of operations using absorption costing. Prepare operating income statements for Chataqua Can Company for its first three years of operations using variable costing.