On October 31, the end of the first month of operations, Maryville Equipment Company prepared the following income statement, based on the variable costing concept:

Maryville Equipment Company Variable Costing Income Statement For the Month Ended October 31
Sales (8,500 units)			$510,000
Variable cost of goods sold:
Variable cost of goods manufactured	$261,600
Inventory, October 31 (2,400 units)	(57,600)
Total variable cost of goods sold			(204,000)
Manufacturing margin			$306,000
Variable selling and administrative expenses			(136,000)
Contribution margin			$170,000
Fixed costs:
Fixed manufacturing costs	$54,500
Fixed selling and administrative expenses	34,000
Total fixed costs			(88,500)
Operating income			$81,500

Prepare an income statement under absorption costing. Round all final answers to whole dollars.

Maryville Equipment Company
Absorption Costing Income Statement
For the Month Ended October 31
		$
Cost of goods sold:
	$
		$
		$