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 (10,200 units) $632,400 Variable cost of goods sold: Variable cost of goods manufactured $317,500 Inventory, October 31 (2,500 units) (62,500) (255,000) Total variable cost of goods sold Manufacturing margin $377,400 Variable selling and administrative expenses (163,200) Contribution margin $214,200 Fixed costs: Fixed manufacturing costs $63,500 Fixed selling and administrative expenses 40,800 Total fixed costs (104,300) Operating income $109,900 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: 00