ABC Company provided the following information for the most recent year:

Cash sales totaled $255,000

Credit sales totaled $479,000

Cash collections from customers for services yet to be provided totaled $88,000

Cost of Goods Sold was $336,000

A $22,000 loss from the sale of property and equipment occurred

Interest income was $7,700

Interest expense was $19,900

Rent expense was $36,000

Salaries expense was $49,000

Other operating expenses totaled $79,000

Unearned revenue was $4,000

How much was ABC Company's operating income for the year?

A.$221,800

B.$322,000

C.$199,800

D.$234,000