Chicago began business at the start of the current year. The company planned to produce25,000 units, and actual production conformed to expectations. Sales totaled 22,000 units at $30 each. Costs incurred were: Fixed manufacturing overhead.......... $150,000 Fixed selling and administrative cost.. 100,000 Variable manufacturing cost per unit....... 8 Variable selling and administrative cost per unit..... 2 If there were no variances, the company's variable-costing net income would be