A business operated at 100% of capacity during its first month and incurred the following costs:

Production costs (18,800 units):
Direct materials	$171,200
Direct labor	231,700
Variable factory overhead	261,100
Fixed factory overhead	104,400	$768,400
Operating expenses:
Variable operating expenses	$128,200
Fixed operating expenses	40,900	169,100

If 1,700 units remain unsold at the end of the month and sales total $1,127,000 for the month, what would be the amount of income from operations reported on the absorption costing income statement?