Assume the following information for a company that produced 10,000 units during its first year of operations and sold 8,000 units: Direct materials Per Unit Per Year $ 75 Direct labor $ 50 Variable manufacturing overhead $ 10 $ 300,000 Fixed manufacturing overhead If the company's absorption costing net operating income during its first year of operations was $62,000, what was its variable costing net operating income during its first year of operations? Multiple Choice $22,000 $2,000 $122,000) $102,000