A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,300 units): Direct materials $184,300 Direct labor 222,500 Variable factory overhead 269,000 Fixed factory overhead 95,800 $771,600 Operating expenses: Variable operating expenses $125,700 Fixed operating expenses 47,900 173,600 If 1,900 units remain unsold at the end of the month and sales total $1,030,000 for the month, what would be the amount of income from operations reported on the absorption costing income statement