A company started its operation two years ago. Below is the selected information for the two years. The company's cost structure and selling prices were the same for the two years. The company allocates its flxed manufacturing overhead costs to the number of units produced in each year. Year 1 Year 2 Units produced 35,000 35,000 Units sold 31,000 36,000 Absorption costing net operating income ? ? Variable costing net operating income $66,000 91,000 Fixed seling & admin, expenses $19,000 $19,000 What was the total net operating Income under absorption cost for the two years (Year 1+ Year 2)2 O $157,000 O $163,000 $165,000 $163,000 A company started its operation two years ago. Below is the selected information for the two years. The company's cost structure and selling prices were the same for the two years. The company allocates its flxed manufacturing overhead costs to the number of units produced in each year. Year 1 Year 2 Units produced 35,000 35,000 Units sold 31,000 36,000 Absorption costing net operating income ? ? Variable costing net operating income $66,000 91,000 Fixed seling & admin, expenses $19,000 $19,000 What was the total net operating Income under absorption cost for the two years (Year 1+ Year 2)2 O $157,000 O $163,000 $165,000 $163,000