Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $520,000, and direct labor costs to be $260,000. Actual overhead costs for the year totaled $539,000, and actual direct labor costs totaled $291,000. At year-end, Factory Overhead account is:  

• Over applied by $43,000.
• Over applied by $291,000.
• Under applied by $43,000.
• Over applied by $31,000.
• Neither over applied nor under applied.