4 1 points Save Answer The following information for the past year for the Blaine Corporation has been provided: Fixed costs: Manufacturing Marketing Administrative Variable costs: Manufacturing Marketing Administrative $105,000 23,000 16,000 $115,000 26,000 42,000 During the year, the company produced and sold 70,000 units of product at a selling price of $12.13 per unit. There was no beginning inventory of product at the beginning of the year. What is the operating income (loss) for the year? $666,100 $705,100 $849,100 $522,100