Wilson Company Reported the Following Information About the Production and Sales

Wilson Company reported the following information about the production and sales of its only product during its first month of operations: $$\begin{array} { l l } \text { Sales ( } \$ 225 \text { per unit) } & \$ 360,000 \\\text { Direct materials used } & \$ 176,000 \\\text { Direct labor } & \$ 100,000 \\\text { Variable factory overhead } & \$ 44,000 \\\text { Fixed factory overhead } & \$ 80,000 \\\text { Variable selling and administrative } & \$ 20,000 \\\text { expenses } & \\\text { Fixed s elling and administrative expenses } & \$ 10,000 \\\text { Endinginventories: Direct materials } & - 0 - \\\text { WIP } & - 0 -\\\text { Finished goods }&400 \text { units }\end{array}$$ The gross profit under absorption costing is:

A) $40,000
B) $0
C) $104,000
D) $84,000