A business operated at 100% of capacity during its first month, with the following results: Sales (116 units) $696,000 Production costs (145 units): Direct materials $94,047 Direct labor 24,012 Variable factory overhead 42,021 Fixed factory overhead. 40,020 200,100 Operating expenses: Variable operating expenses Fixed operating expenses. $6,432 3,296 9,728 What is the amount of the income from operations that would be reported on the absorption costing income statement? Oa. $695,855 Ob. $561,504 Oc. $526,192 Od. $558,208)