2. (7 points) The following data (in thousands of dollars) have been taken from the accounting records of Darling Corporation for the just completed year. Sales Raw materials inventory, beginning Raw materials inventory, ending Purchases of raw materials Direct labor Manufacturing overhead Administrative expenses $980 $40 $70 $130 $200 $230 $150 $140 Work in process inventory, beginning $70 Work in process inventory, ending $50 Finished goods inventory, beginning $120 $160 Selling expenses a. Finished goods inventory, ending The cost of goods manufactured (finished) for the year (in thousands of dollars) was: b. The cost of goods sold for the year (in thousands of dollars) was: C. The net operating income for the year (in thousands of dollars) was: