During 2018, its first year of operations, XYZ Company produced 20,000 units and sold 14,000 units. During 2019, XYZ Company produced 24,000 units and sold 27,000 units. The following information was taken from XYZ's accounting records for 2018 and 2019: 

 2018 2019 Direct materials cost per unit ............ $18 $19 Direct labor cost per unit ................ $21 $25 Variable overhead cost per unit ........... $10 $13 Variable selling & admin cost per unit .... $6 $6 Fixed overhead (total cost) ............... $120,000 $168,000 Fixed selling & admin (total cost) ........ $126,000 $135,000 

Assume the selling price of XYZ Company's product was $85 per unit for both years. 

Calculate XYZ Company's 2019 net income using variable costing. Assume XYZ Company employs a LIFO inventory cost flow assumption. Do not use decimals in your answer.