Blazer Chemical produces and sells an ice$-$melting granular used on roadways and sidewalks in winter. It annually produces and sells $25,125$ tons of its granular. Because of this year$$s mild winter, projected demand for its product is only $20,100$ tons. Based on projected production and sales of $20,100$ tons, the company estimates the following income using absorption costing. Sales $(20,100$ tons at $$148$ per ton$)$ $ $2,974,800$ Cost of goods sold $(20,100$ tons at $$60$ per ton$)1,206,000$ Gross