Indiana Corporation produces a single product that it sells for $9 per unit. During the first year of operations,110,016 units were produced, and 103,539 units were sold. Manufacturing costs and S&A expenses for the year were as following:

	Fixed Costs	Variable Costs
Raw materials	--	$ 1.93		per unit produced
Direct labour	--	$ 1.46		per unit produced
Factory overhead	$ 97,087	$ 0.66		per unit produced
Selling and administrative	$ 66,735	$ 0.58		per unit sold

Required: What was Indi's operating income for the year using absorption costing? Round your answer to the nearest dollar.