Nebula Company manufactures and sells one product. The following information pertains to each of the companys first two years of operations, using super-variable costing.

Variable cost per unit:
Direct materials	$20
Fixed costs per year:
Direct labor	$113,400
Fixed manufacturing overhead	$94,500
Fixed selling and administrative expenses	$163,000

The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. The selling price of the companys product is $150 per unit.

	Year 1	Year 2
Production (units)	6,300	6,300
Sale (units)	6,100	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): $