A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price	$112
Units in beginning inventory	0
Units produced	5,500
Units sold	5,300
Units in ending inventory	200
Variable costs per unit:
Direct materials	$33
Direct labor	$37
Variable manufacturing overhead	$5
Variable selling and administrative	$6
Fixed costs:
Fixed manufacturing overhead	$71,500
Fixed selling and administrative	$79,500

What is the net operating income for the month under absorption costing?

$2,600

($1,700)

$13,300

$15,900

It is not option C.