Required information SB Advanced Company reports the following... (The following information applies to the questions displayed below.] Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year Units produced this year Units sold this year Direct materials Direct labor Variable overhead 36,000 units 21,600 units 20 per unit $ 22 per unit $ 3 per unit Fixed overhead $100,000 in total TB MC Qu. 19-95 Given Advanced Company's data... Given Advanced Company's data, and the knowledge that the product is sold for $72 per unit and operating expenses are $310,000, compute the net income under absorption costing.