Moskowitz Corporation has provided the following data for its two most recent years of operation: Selling price per unit Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials $13 Direct labor $7 Variable manufacturing overhead $3 Fixed manufacturing overhead per year 480,000 Selling and administrative expenses: Variable selling and administrative expense per unit $6 sold Fixed selling and administrative expense per year 84,000 UnitsinbeginninginventoryUnitsproducedduringtheyearUnitssoldduringtheyearUnitsinendinginventoryYear1012,0009,0003,000Year23,00010,00010,0003,000 The net operating income (loss) under variable costing in Year 2 is closest to