Timmer Corporation just started business in January. There were no beginning inventories. During the year, it manufactured 11,800 units of product, and sold 8,100 units. The selling price of each unit was $26. Variable manufacturing costs were $3 per unit, and variable selling and administrative costs were $2 per unit. Fixed manufacturing costs were $23,600, and fixed selling and administrative costs were $9,000 What would Timmer's net income be for the year using absorption costing? Om $144.900 Ob 5115,920 c. $170.100 Od. 5153.900