Belle Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year Units produced this year 85,000 units Units sold this year 51,000 units Direct materials $ 25 per unit Direct labor $ 27 per unit Variable overhead $ 3 per unit Fixed overhead $ 658,750 in total Belle Company's product is sold for $81 per unit a Variable selling and administrative expense is $2 per unit and fixed selling and administrative is $330.000 per year. Compute the net income under variable costing. Multiple Choice $82,000 $235.250 $315,700