A business operated at 100% of capacity during its first month, with the following results: Sales (90 units) $90,000 Production costs (100 units) Direct materials $40,000 Direct labor 20,000 Variable factory overhead 2,000 Fixed factory overhead 5,000 $67,000 Operating expenses Variable operating expenses $8,000 Fixed operating expenses 1,000 9,000 What is the amount of the gross profit that would be reported on the absorption costing income statement