Souffront Corporation manufactures and sells one product. In the company's first year of operations, the variable cost consisted solely of direct materials of $78 per unit. The annual fixed costs were $1,138,600 of direct labor cost, $3,036,600 of fixed manufacturing overhead expense, and $1,326,900 of fixed selling and administrative expense. The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 47,300 units and sold 44,200 units. The company's only product is sold for $203 per unit. The net operating income for the year under super-variable costing is: Multiple Choice $22.900 $22,900 $383,503 $1,161,500 o oo $3,059,500