Tokless Inc. planned and manufactured 455,000 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $61 per unit of production. Planned and fixed manufacturing costs were $855,000. Marketing and administrative costs (all fixed) were $655,000 in 2019. Tokless Inc. sold 206,000 units of product in 2019 at $76 per unit. 

Full costing operating income for 2019 is calculated to be: 

Multiple Choice 

• $2,260,000. 
• $1,525,000. 
• $1,850,000. 
• $1,935,000. 
• $2,750,000.