A business operated at 100% of capacity during its first month and incurred the following costs:

Production costs (19,900 units):
Direct materials	$174,200
Direct labor	223,400
Variable factory overhead	253,600
Fixed factory overhead	92,700	$743,900
Operating expenses:
Variable operating expenses	$124,200
Fixed operating expenses	49,200	173,400

If 1,500 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the variable costing balance sheet?

a.$58,447

b.$56,073

c.$49,080

d.$69,143