Green Company sells its product for $10400per unit. Variable costs per unit are: manufacturing, $5900; and selling and administrative, $130. Fixed costs are: $26400manufacturing overhead, and $36400selling and administrative. There was no beginning inventory at 1/1/18. Production was24units per year in 2018-2020. Sales were24units in 2018,20units in 2019, and28units in 2020. Income under variable costing for 2020 is

$50040.

$55940.

$55160.

$59560.