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

Sales (97 units)		$543,200
Production costs (121 units):
Direct materials	$73,249
Direct labor	18,702
Variable factory overhead	32,728
Fixed factory overhead	31,169	155,848
Operating expenses:
Variable operating expenses	$5,101
Fixed operating expenses	4,390	9,491

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

a. $543,079

b. $418,264

c. $413,163

d. $408,773