Diego Company manufactures one product that is sold for $71 per unit in two geographic regionsthe East and West regions. The following information relates to the companys first year of operations in which it produced 42,000 units and sold 37,000 units. Variable costs per unit: Manufacturing: Direct materials $ 21 Direct labor $ 12 Variable manufacturing overhead $ 3 Variable selling and administrative $ 5 Fixed costs per year: Fixed manufacturing overhead $ 840,000 Fixed selling and administrative expenses $ 330,000 Required: What would have been the companys variable costing net operating income (loss) if it had produced and sold 37,000 units?