Kluber, Inc. had net income of $903,000 based on variable costing. Beginning and ending inventories were 55,300 units and 52,600 units, respectively. Assume the fixed overhead per unit was $1.40 for both the beginning and ending inventory. What is net income under absorption costing?

• $827,470

• $895,440

• $978,530

• $899,220

• $903,000