Futon Delight experienced the following costs in 2020 (assume the same unit costs in all years):

Direct materials		$2.00 per unit
Direct labor		$1.00 per unit
Manufacturing Overhead Costs:
Variable		$1.50 per unit
Fixed		$45,000

There were 600 units in beginning inventory. During the year, the company manufactured 18,000 units and sold 17,600 units. If net income for the year was $54,000 using full costing, how much will net income be if the company uses variable costing?

A) $53,000

B) $50,000

C) $55,000

D) More information is needed to determine the answer.