Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price	$ 90
Units in beginning inventory	0
Units produced	3,400
Units sold	3,000
Units in ending inventory	400

Variable costs per unit:
Direct materials	$ 21
Direct labor	$ 38
Variable manufacturing overhead	$ 6
Variable selling and administrative expense	$ 4
Fixed costs:
Fixed manufacturing overhead	$ 54,400
Fixed selling and administrative expense	$ 3,000

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

• $6,400

• $12,000

• $5,600

• $(20,400)