The following information has been extracted from the financial records of McCain Corporation for its first year of operations in 2021:

Units produced	10,000
Units sold THE SELLING PRICE IS $50/UNIT	7,000
Variable costs per unit:
Direct material	$8
Direct labor	9
Manufacturing overhead	3
SG&A/unit sold	4
Fixed costs:
Manufacturing overhead	($70,000/10,000) = 7
SG&A Beginning inventory units (1/1/21) 0 Ending inventory units (12/31/21) 3,000	$30,000

Refer to McCain Corporation. What is the total cost of the ending inventory on the balance sheet under absorption costing?

a. $61,000

b. $71,000

c. $81,000

d. $91,000