Snow Corporation was operating at 100% of capacity during its first month of operations with the following results: Sales (180 units) $221,000 Production costs (200 units): Direct materials $100,000 Direct labor 60,000 Variable factory overhead 40,000 Fixed factory overhead 201,000 Operating expenses: Variable operating expenses $ 12,000 Fixed operating expenses 2.000 14.000 What is the amount of the manufacturing margin that would be reported on the variable costing income statement