A business operated at 100% of capacity during its first month, with the following results: $499,800 Sales (119 units) Production costs (149 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead $67,649 17,272 30,226 28,787 143,934 Operating expenses: Variable operating expenses $6,133 Fixed operating expenses 3,623 9,756 What is the amount of the income from operations that would be reported on the absorption costing income statement