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

Production costs (19,900 units):
Direct materials	$176,400
Direct labor	229,400
Variable factory overhead	252,300
Fixed factory overhead	95,600	$753,700
Operating expenses:
Variable operating expenses	$132,100
Fixed operating expenses	44,500	176,600

If 1,800 units remain unsold at the end of the month and sales total $1,049,000 for the month, what would be the amount of income from operations reported on the absorption costing income statement?