Carrolton Inc. manufactured 5,000 units of products during this month, and sold 4,000 units of products. The price of this product is $500. There is no beginning balance in Finished Goods Inventory. Following data have been summarized Direct Materials $150 per unit Direct Labor $60 per unit Variable manufacturing Overhead $20 per unit Fixed manufacturing Overhead $120,000 Fixed S&A costs $216,000 What is Operating income of the company for this month (Based on Absorption Costing System)?