Required information [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 Fixed overhead 42,000 units 25,200 units $ 25 per unit $ 28 per unit $230,000 in total Given Advanced Company's data, and the knowledge that the product is sold for $82 pentando $370,000, compute the net income under variable costing