Oriole Company sells its product for $10400 per unit. Variable costs per unit are: manufacturing, $5900; and selling and administrative, $130. Fixed costs are: $26400 manufacturing overhead, and $36400 selling and administrative. There was no beginning inventory at 1/1/20. Production was 24 units per year in 20202022. Sales were 24 units in 2020, 20 units in 2021, and 28 units in 2022. Income under absorption costing for 2022 is

a. $55940.

b. $55160.

c. $59560.

d. $50040.