1) Mason Cabinet Company sells standard kitchen cabinets. The following informatie summarizes Mason's operating activities for the year: Selling and Administrative Expenses Purchases Sales Revenue Merchandise Inventory, January 1 Merchandise Inventory, December 31 $52,750 95,700 164,500 22,500 26,200 Mason sold 1050 cabinets during the year. 10 points A) Calculate the operating income for the year. =) Compute the unit cost for one cabinet (Round to two decimal places)