Given Advanced Company's data, and the knowledge that the product is sold for $51 per unit and operating expenses are $360,000, compute the net income under variable costing.

Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year.

Units produced this year	45,000 units
Units sold this year	27,000 units
Direct materials	$ 5.75 per unit
Direct labor	$ 6.75 per unit
Variable overhead	$ 168,750 in total
Fixed overhead	$ 258,750 in total