Flint Enterprises had the following cost and production information for April:

Units Produced				20,000
Unit Sales Price			$	200
Manufacturing Cost Per Unit
Direct Material			$	40
Direct Labor			$	25
Variable Manufacturing Overhead			$	14
Fixed Manufacturing Overhead	($440,000/20,000)	=	$	22
Full Manufacturing Cost Per Unit			$	101
Nonmanufacturing Costs
Variable Selling Expenses			$	86,000
Fixed General and Administrative Costs			$	117,000

Inventory increased by 5,000 units during April. What is Flint Enterprise's income under absorption costing?

Multiple Choice

• $1,282,000

• $1,550,000

• $1,593,000