Simple Corp. produces a single product.The following cost structure applied to their first year of operations, 2000:

Variable Costs per Unit

Annual Fixed Costs

SG&A

P2.00

P14,000

Production

4.00

P20,000

Assume that during 2000 Simple Corp. manufactured 5,000 units and sold 3,800.There was no beginning or ending work-in-process inventory.How much larger or smaller would Simple Corp.s income be if it uses absorption rather than variable costing?