A business operated at 100% of capacity during its first month and incurred the following costs:

Production costs (10,000 units):
Direct materials	$80,000
Direct labor	120,000
Variable factory overhead	140,000
Fixed factory overhead	40,000	$380,000
Operating expenses:
Variable operating expenses	$65,000
Fixed operating expenses	25,000	90,000

If 600 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the absorption costing balance sheet?

a.	$24,300
b.	$22,800
c.	$28,200
d.	$34,000