A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,700 units): Direct materials $173,300 Direct labor 220,400 Variable factory overhead 246,400 Fixed factory overhead 92,400 $732,500 Operating expenses: Variable operating expenses $126,800 Fixed operating expenses 43,200 170,000 If 1,500 units remain unsold at the end of the month and sales total $1,123,000 for the month, what would be the amount of income from operations reported on the variable costing income statement? Oa. $65,399 Ob. $46,384 Oc. $266,936 Od. $53,080