A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,200 units): Direct materials $173,400 Direct labor 220,700 Variable factory overhead 245,400 Fixed factory overhead 91,500 $731,000 Operating expenses: Variable operating expenses $125,400 Fixed operating expenses 49,200 174,600 If 1,500 units remain unsold at the end of the month and sales total $1,163,000 for the month, what would be the amount of income from operations reported on the variable costing income statement? Oa. $304,858 Ob. $47,488 Oc. $67,248 Od. $54,282