A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,000 units): Direct materials $176,500 Direct labor 236,900 Variable factory overhead 240,300 Fixed factory overhead 104,200 $757,900 Operating expenses: Variable operating expenses $130,700 Fixed operating expenses 44,200 174,900 If 1,800 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is Oa. $98,767 Ob. $80,262 Oc. $83,054 Od. $69,215