A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,213 units):

Direct materials $177,086

Direct labor 239,665

Variable factory overhead 250,061

Fixed factory overhead 96,739 $763,551

Operating expenses:

Variable operating expenses $126,827

Fixed operating expenses 49,365 176,192

If 1,759 units remain unsold at the end of the month and sales total $1,018,143 for the month, what would be the amount of income from operations reported on the variable costing income statement?

Select the correct answer. $66,447 $136,428 $58,028 $81,779