Green Company sells its product for $10400 per unit. Variable costs per unit are: manufacturing, $5000; and selling and administrative, $135. Fixed costs are: $50400 manufacturing overhead, and $60400 selling and administrative. There was no beginning inventory at 1/1/18. Production was 36 units per year in 20182020. Sales were 36 units in 2018, 32 units in 2019, and 40 units in 2020. Income under absorption costing for 2020 is

$88280.

$93280.

$94200.

$99800.