Oriole Company sells its product for $26 per unit. During 2022, it produced 26500 units and sold 20000 units (there was no beginning inventory). Costs per unit are: direct materials $6, direct labour $5, and variable overhead $4. Fixed costs are: $371000 manufacturing overhead, and $53000 selling and administrative expenses. Under absorption costing, what amount of fixed overhead is deferred to a future period? $91000 $280000 $84500 $371000