Assume that a company maintains no beginning inventory. It produced 4,000 units and sold 3,800 units of only one product for a price of $130 per unit. Its unit product cost under absorption costing includes variable manufacturing costs per unit are $80 and its fixed manufacturing overhead per unit is $24. Its variable selling and administrative expense is $12 per unit and its fixed selling and administrative expense is $45,000. What is the company's net operating income under variable costing? Multiple Choice $3,400 $4,200 $4,400 $8,200