3.5 pts Question 4 Betty DeRose, Inc. began its operations on January 1, 2026 Betty produces a single product and reported the following cost information for 2026 and 2027: 2027 2026 Variable costs per unit: Direct materials Direct labor Vartoble overhead Variable selling 515 $18 512 514 $19 $20 513 $16 Fixed costs in totali Fixed overhead Fixed selling $198.000 $132.000 3161,000 $158.000 In 2026, Betty produced 22,600 units and sold 15,000 units In 2027, Betty produced 23,000 units and sold 28,000 units The selling price per unit nas 590 in both years Calculate the anount of gross profit reported in Betty's 2027 income statenent using absorption costing. Assume lletty uses a LIFO inventory cost flow assumption