Hand Corporation operated at 100% of its capacity during the first year of its operations. Additional data is provided below:

Selling price is $800 per unit. Production costs (2,000 units):
Direct materials	$180,000
Direct labor	240,000
Variable factory overhead	280,000
Fixed factory overhead	100,000	$800,000
Operating expenses:
Variable Operating Expenses:	$130,000
Fixed Operating Expenses:	$50,000	$180,000

If 1500 units are sold during the month, what is the amount of gross profit reported under Absorption Costing?

a.$800,000

b.$200,000

c.$400,000

d.$600,000