A company has collected the following information: Units produced 1,000 Units sold 800 @$40 DM, DL, VOH $5.00 per unit Fixed Overhead $16,000 Variable Selling & Admin $1.00 per unit Fixed Selling $12,000 When preparing a traditional income statement using absorption costing, net operating income would be: O $2,400. O $(1,000). O $(800). O $2,200