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

Production costs (19,600 units):
Direct materials	$175,000
Direct labor	226,500
Variable factory overhead	242,400
Fixed factory overhead	97,000	$740,900
Operating expenses:
Variable operating expenses	$128,000
Fixed operating expenses	44,800	172,800

If 1,600 units remain unsold at the end of the month and sales total $1,049,000 for the month, what would be the amount of income from operations reported on the absorption costing income statement?

a.$187,863

b.$52,563

c.$195,782

d.$60,482