A business operated at 100% of capacity during its first month, with the following results:

Sales (108 units)		$648,000
Production costs (135 units):
Direct materials	$87,561
Direct labor	22,356
Variable factory overhead	39,123
Fixed factory overhead	37,260	186,300
Operating expenses:
Variable operating expenses	$6,187
Fixed operating expenses	4,954	11,141

The amount of gross profit that would be reported on the absorption costing income statement is