Chandler Company sells its product for $100 per unit. Variable manufacturing costs per unit are $40, and fixed manufacturing costs at the normal operating level of 10,000 units are $240,000. Variable selling expenses are $16 per unit sold. Fixed administrative expenses total $104,000. Chandler had no beginning inventory in Year 1. During the year, the company produced 10,000 units and sold 8,000. Would net income for Chandler Company in Year 1 be higher if calculated using variable costing or using absorption costing