Belle Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Belle Company's product is sold for $64 per unit. Variable selling and administrative expense is $2 per unit and fixed selling and administrative $250.000 per year. Compute the net income under absorption costing. Multiple Choice $66,000 $50,000 $180,380 $66,000 $50,000 $180,180 $215,750 $215,000