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

Production costs (20,700 units):
Direct materials	$173,600
Direct labor	227,800
Variable factory overhead	256,500
Fixed factory overhead	95,200	$753,100
Operating expenses:
Variable operating expenses	$120,500
Fixed operating expenses	41,700	162,200

If 1,900 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is

a. $84,013

b. $60,387

c. $69,122

d. $71,447