Content Area A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,800 units): Direct materials $174,000 Direct labor 224,600 Variable factory overhead 267,000 Fixed factory overhead 100,100 $765,700 Operating expenses: Variable operating expenses $120,900 Fixed operating expenses 42,200 163,100 If 1,500 units remain unsold at the end of the month and sales total $1,137,000 for the month, what would be the amount of income from operations reported on the absorption costing income statement