O'Leary Company manufactures a single product that it sells for $29 per unit. The company has the following cost structure: Variable costs per unit: Manufacturing Selling and administrative $11 Fixed costs in total: Manufacturing Selling and administrative $80,000 $56,000 There were no units in beginning inventory. During the year, 16,000 units were produced and 14,000 units were sold. What was the company's operating income for the year under variable costing? Select one: A. $58,000. B. $60,000. C. $69,000. D. $81,000. cross out cross out cross out cross out