Scott Company's variable expenses are $68\%$ of sales. The company's break$-$even point in sales is $$2,940,000.$ If sales are $$72,000$ below the break$-$even point, what operating loss would the company report?

Select one:

a$.$

$$48,960.$

b$.$

$$72,000.$

c$.$

$$23,040.$

d$.$

$$64,290.$