A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (19,000 units): Direct materials $180,200 Direct labor 226,900 Variable factory overhead 257,300 Fixed factory overhead 96,800 $761,200 Operating expenses: Variable operating expenses $121,900 43,000 Fixed operating expenses 164,900 If 1,600 units remain unsold at the end of the month and sales total $1,043,000 for the month, what would be the amount of income from operations reported on the absorption costing income statement? a. 564,101 b. $55,949 c. $172,849 Od $181,230