A business operated at 100 of capacity during its first month and incurred the following costs Production costs 20 500 units Direct materials Direct labor Variable factory overhead Fixed factory overhead Operating expenses Variable operating expenses Fixed operating expenses 173 300 236 100 259 900 90 700 Oa 293 368 b 58 768 c 301 391 Od 66 732 125 900 44 500 760 000 170 400 170 400 If 1 800 units remain unsold at the end of the month and sales total 1 165 000 for the month the amount of operating income reported on the absorption costing in statement would be