Question 5 1 pts Garcia Company has no beginning and ending inventories, and reports the following data about its only product: Direct materials used $270,000 Direct labor $180,000 Fixed indirect manufacturing $130,000 Fixed selling and administrative $150,000 Variable indirect manufacturing $120,000 Variable selling and administrative $60,000 Selling price(per unit) $99 Units produced and sold 30,000 Garcia Company uses the absorption approach to prepare the income statement. What is the operating Income? $2,120,000 $2.060.000 $2.970,000 $2.240,000