Octagonal Company has the following information for 2018:

Selling price	$150 per unit
Variable production costs	$40 per unit produced
Variable selling and admin. expenses	$16 per unit sold
Fixed production costs	$200,000
Fixed selling and admin. expenses	$140,000
Units produced	10,000 units
Units sold	8,000 units

There were no beginning inventories. What is the ending inventory for Eastwood using the absorption costing method?

	a.	$120,000
	b.	$180,000
	c.	$80,000
	d.	$300,000