XYZ Company reported the following information: June July Cost A $18,000 $0.20 per unit Cost B $19,000 $29,800 Cost C $17,000 $0.34 per unit Units sold 50,000 units 90,000 units XYZ Company expects to sell 76,000 units in August at a selling price of $1.50 per unit Calculate the amount of net income XYZ Company would expect to earn in August.