Hearst Manufacturing produces a single product. Last year, product cost was $56 per unit, prime cost was $34 per unit, and conversion cost was $42 per unit. Cost of goods sold for the year was $560,000 and the selling price was $100 per unit. Total direct labor costs were $200,000, and total selling and administrative expenses of $240,000 were incurred. What was absorption costing operating income last year at Haart Manufacturing? O $140,000 O $220,000 $440,000 $200,000 O None of the above