A firm operated at $80\%$ of capacity for the past year, during which fixed costs were $$210,000,$ variable costs were $70\%$ of sales, and sales were $$1,000,000.$ Operating profit was:

$$90,000$

$$210,000$

$$590,000$

$$490,000$

A firm operated at $80\%$ of capacity for the past year, during which fixed costs were $$210,000,$ variable costs were $70\%$ of sales, and sales were $$1,000,000.$ Operating profit was:

$$90,000$

$$210,000$

$$590,000$

$$490,000$