Columbia Corporation produces a single product. The company's variable costing income statement for November appears below:

Columbia Corporation
Income Statement
For the Month ended November 30
Sales ($17 per unit)	$	690,200
Variable expenses:
Variable cost of goods sold		406,000
Variable selling expense		121,800
Total variable expenses		527,800
Contribution margin		162,400
Fixed expenses:
Manufacturing		107,250
Selling and administrative		35,750
Total fixed expenses		143,000
Net operating income	$	19,400

During November, 35,750 units were manufactured and 8,340 units were in beginning inventory. Variable production costs per unit, total fixed manufacturing expenses, and the number of units produced were the same in prior months.

Under absorption costing, for November the company would report a:

(A) $4,850 profit

(B) $4,850 loss

(C) $35,750 profit

(D) $19,400 profit