Nebula Company manufactures and sells one product. The following information pertains to each of the company's first two years of operations, using super-variable costing. $20 Variable cost per unit: Direct materials Fixed costs per year Direct labor Fixed manufacturing overhead Fixed selling and administrative expenses $113,400 $94,500 $165,500 The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. The selling price of the company's product is $150 per unit. Production (units) Sale (units) Year 1 6,300 6.100 Year 2 6,300 6,500 For external reporting purpose, the company has to use GAAP-consistent absorption accounting. Q: The absorption costing income for Year 1 is: A: $