Please help me solve these questions, thank you

McCoy Corporation manufactures a computer monitor. Shown below is McCoy's cost structure:

	Variable cost per monitor		Total fixed cost for the year
Manufacturing cost	$	75.20	$	912,000
Selling and administrative	$	14.60	$	456,000

In its first year of operations, McCoy produced 100,000 monitors but only sold 95,000. McCoy's gross margin in this first year was $2,629,600. McCoy's contribution margin in this first year was $2,109,000.

Under variable costing, what is McCoy's net operating income for its first year?

Multiple Choice

$266,000

$741,000

$1,261,600

$2,173,600