Gaspar Manufacturing produces a single product: a component for commercial agricultural machinery. The company uses absorption costing for external financial reporting purposes and variable costing for internal purposes such as performance evaluation and compensation. In fiscal year 2023, the company's budgeted fixed costs were $2,900,000 and estimated market demand for Gaspar's component was 285,000 units. During 2023, the firm produced 290,000 units. Sales volume for fiscal year 2023 was 288,000 units. What was the difference between absorption costing and variable costing operating income at Gaspar in fiscal year 2023? O $20,000 O $60,000 O $40,000 O $80,000 O None of the above