Fordham Inc. began operations on January $1,2021$ and incurred the following costs for the production of $10,000$ units:

Variable mfg$./$ unit $$9$

Fixed mfg$.$ overhead $$60,000$Variable selling and admin. $/$ unit $$2$

Fixed selling and admin. $$220,000$

Each unit sells for $$45$ and $8,500$ units were sold.

Compute net income $($loss$)$ using absorption costing.

Question $16$ options:

$$(7,500)$

$$18,000$

$$9,000$

$$15,000$