XYZ Company provided the following cost information for last year when they produced and sold 125,000 units: direct materials .. direct labor manufacturing overhead ....... selling and administrative expenses ...... $200,000 100,000 180,000 150,000 All costs are variable except for $100,000 of manufacturing overhead and $60,000 of the selling and administrative expenses. Assume the selling price is $10 per unit. calculate the amount of net income XYZ Company would report from producing and selling 150,000 units