Cutterski Corporation manufactures a propeller. Shown below is Cutterski's cost structure: Variable cost per propeller $131 $25 Total fixed cost for the year $616,000 $218,400 Manufacturing cost Selling and administrative expense n its first year of operations, Cutterski produced 61,600 propellers but only sold 54,600 Which costing method (variable or absorption) will generate a higher net operating income in Cutterski's first year of operations and by how much? O variable by $70,000 O absorption by $70,000 O absorption by $98,000o variable by $98000