It costs Homer's Manufacturing $0.85 to produce baseballs and Homer sells them for $8.00 a piece. Homer pays a sales commission of 5% of sales revenue to his sales staff. Homer also pays $15,000 a month rent for his factory and store, and also pays $80,000 a month to his staff in addition to the commissions. Homer sold 67,500 baseballs in June. If Homer prepares a traditional income statement for the month of June, what would be his operating income? $360,625 $482,625 O $604,625 $540,000