Obama Company sells its product for $29 per unit. During 2020, it produced 27500units and sold 20000 units (there was no beginning inventory). Costs per unit are: direct materials $6, direct labour $5, and variable overhead $4. Fixed costs are: $330000 manufacturing overhead, and $55000 selling and administrative expenses. Under absorption costing, what amount of fixed overhead is deferred to a future period?

$82500 $90000 $240000 $330000