Zee Corporation operated at 100% of its capacity during the first year of its operations. Additional data is provided below:

Selling price is $800 per unit. Production costs (2,000 units):
Direct materials	$180,000
Direct labor	240,000
Variable factory overhead	280,000
Fixed factory overhead	100,000	$800,000
Operating expenses:
Variable operating expenses	$130,000
Fixed operating expenses	50,000	180,000

If 1500 units are sold during the month, what is the amount of gross profit reported under Absorption Costing?

Select one:

a. $200,000

b. $400,000

c. $800,000

d. $600,000