Culver sells its product for $$78$ per unit. During $2025,$ it produced $121900$ units and sold $106900$ units. Costs per unit are: direct

materials $$24,$ direct labor $$10,$ variable overhead $$5,$ and variable operating expenses $$3.$ Fixed costs are $$975200$ manufacturing

overhead, and $$75000$ operating expenses. Assuming no variances were reported, no beginning inventory exists, and the company

uses variable costing, what will be reported as operating income?

$$2186800.$

$$2507500.$

$$2905100.$

$$2798200.$