Bearings, Inc., which just began business last year, has the following information about LPl, the only product that it produces, and sells. LPl sells for $30 per unit. During its first year, 24,000 units of LPl were sold and 27,000 units were produced. The following costs were available: variable costs per unit: direct materials-$9; direct labor-$5; variable manufacturing overhead-$3; variable selling-$4. The indirect fixed costs for Bearings were manufacturing costs $50,000 and marketing $36,000. Assume that Bearings used variable costing in its first year. During the current year, the costs were exactly the same as the first year, but Bearings produced 24,000 units and sold 27,000 units. What is the income for the current period under variable costing?

A. $166,000

B. $157,000

C. $130,000

D. $180,000