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

Selling price	$172
Units in beginning inventory	0
Units produced	9,700
Units sold	9,300
Units in ending inventory	400
Variable costs per unit:
Direct materials	$33
Direct labor	$75
Variable manufacturing overhead	$21
Variable selling and administrative	$25
Fixed costs:
Fixed manufacturing overhead	$145,500
Fixed selling and administrative	$10,300

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

$40,000

$11,600

$17,600

$6,000