Hayes Company operated at normal capacity during the current year, producing 54171 units of its single product. Sales totalled 40510 units at an average price of $25.15 per unit. Variable manufacturing costs were $10.21 per unit, and variable marketing costs were $5.39 per unit sold. Fixed costs were incurred uniformly throughout the year and amounted to $179380 for manufacturing and $78235 for marketing. There were no opening inventories. What is Hayes operating income (loss) under absorption costing? Select one:

a. $129255

b. $247392

c. $386870

d. $174492