Required information The Foundational 15 (Algo) [LO7-1, L07-2, L07-3, L07-4, LO7.5] [The following information applies to the questions disployed below] Diego Company manufactures one product that is sold for $70 per unit in two geographic regions - the East and West regions. The following information pertains to the company's first year of operations in which it produced 53,000 units and sold 48,000 units. The company sold 36,000 units in the East region and 12,000 units in the West region. it determined that $270,000 of its fixed selling and administrative expense is traceable to the West region, $220,000 is traceable to the East region, and the fernaining $67,000 is a common fixed expense. The company wil continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product. Foundational 7.11 (Algo) 11. What would have been the company's absorption costing net operating income (loss) if it had produced and sold 48,000 unis? You do not need to perform any calculotions to answer this