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

Production costs (17,000 units):

Direct materials $173,100

Direct labor 233,900

Variable factory overhead 253,000

Fixed factory overhead 94,300 $754,300

Operating expenses:

Variable operating expenses $133,600

Fixed operating expenses 42,400 176,000

If 1,800 units remain unsold at the end of the month and sales total $1,157,000 for the month, what would be the amount of income from operations reported on the variable costing income statement?

a.$69,882

b.$296,636

c.$98,502

d.$79,867