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Farron Corporation, which has only one product, has provided the following data concerning its most recent...

Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $144 Units in beginning inventory 0 Units produced 9,350 Units sold 8,950 Units in ending inventory 400 Variable costs per unit: Direct materials $26 Direct labor $68 Variable manufacturing overhead $14 Variable selling and administrative $18 Fixed costs: Fixed manufacturing overhead $140,250 Fixed selling and administrative $9,600 What is the net operating income for the month under absorption costing?

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