Hayes Company operated at normal capacity during the current year, producing 52087 units of its single product. Sales totaled 38605 units at an average price of $23.45 per unit. Variable manufacturing costs were $8.38 per unit, and variable marketing costs were $5.48 per unit sold. Fixed costs were incurred uniformly throughout the year and amounted to $169590 for manufacturing and $77173 for marketing. There were no opening inventories. What is Hayes operating income under direct (variable) costing? Select one: $187330 $167355 $10480 $123459