A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (5,000 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead $70,000 20,000 10,000 2.000 $102,000 Operating expenses: Variable operating expenses Fixed operating expenses $17,000 1.000 18,000 If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, what would be the amount of income from operations reported on the absorption costing income statement? a. 570,000 b. $52,000 c. $68,400 d. $50,400