On April $30,$ the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept:

Joplin Company

Absorption Costing Income Statement

For the Month Ended April $30$

Sales units$)$

$$182,000$

Cost of goods sold:

Cost of goods manufactured $(5,900$ units$)$

$$147,500$

Inventory, April $30(800$ units$)$

$(20,000)$

Total cost of goods sold

Gross profit

Selling and administrative expenses

Operating income

$\backslash$table$[[(127,500)$