Farris corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 104 units in beginning inventory 0 units produced 8,850 units sold 8,450 units in ending inventory 400 variable costs per unit: direct materials $ 16 direct labor $ 58 variable manufacturing overhead $ 4 variable selling and administrative expense $ 8 fixed costs: fixed manufacturing overhead $ 132,750 fixed selling and administrative expense $ 8,600 what is the net operating income for the month under absorption costing?