Jupiter Corporation incurred (and budgeted) fixed manufacturing costs of $16,000 during May of 2015. Other information:

The budgeted production is 2,000 units.

Units produced total 2,250 units.

Units sold total 2,400 units.

Variable cost per unit is $4, which includes $2.50 for materials and $1.50 for labor and variable OH.

Beginning finished goods inventory is 3,000.

Sales price is $10 per unit.

Operating expenses are $1 per unit sold plus $5,000.

What is the operating income for absorption costing and variable costing, which system is higher and by how much?