A business operated at 100% of capacity during its first month, with the following results: Sales (97 units) $5,335 Production costs (121 units): Direct materials $739 Direct labor 189 Variable factory overhead 330 Fixed factory overhead 315 1,573 Operating expenses: Variable operating expenses $530 Fixed operating expenses 371 901 What is the amount of the income from operations that would be reported on the absorption costing income statement? Select the correct answer. a)$3,173 b) $3,426 c) $3,797 d)$5,214