Eagle Corporation manufactures a picnic table. Shown below is Eagle's cost structure:

	Variable cost per table	Total fixed cost for the year
Manufacturing cost	$135	$218,820
Selling and administrative	$6	$29,176

In its first year of operations, Eagle produced and sold 10,420 tables. The tables sold for $180 each.

If Eagle had sold only 9,260 tables in its first year, what total amount of cost would have been assigned to the 1,160 tables in finished goods inventory under the absorption costing method?

	$90,480
	$27,840
	$156,600
	$180,960