28. A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,500 units): Direct materials $172,000 Direct labor 229,700 Variable factory overhead 255,900 Fixed factory overhead 99,600 $757,200 Operating expenses: Variable operating expenses $127,900 Fixed operating expenses 46,700 174,600

If 1,700 units remain unsold at the end of the month and sales total $1,181,000 for the month, what would be the amount of income from operations reported on the absorption costing income statement? a.$54,533b.$62,792c.$311,992d.$303,733