Bernard Corporation gathered the following information for the year just ended:

Fixed costs:
Manufacturing	$120,000
Marketing	42,000
Administrative	22,000
Variable costs:
Manufacturing	$80,000
Marketing	22,000
Administrative	38,000

During the year, Bernard produced and sold 50,000 units of product at a selling price of $9.00 per unit. There was no beginning inventory of product at the start of the year.

What is the operating income (loss) for the year?

A.

$450,000

B.

$266,000

C.

$310,000

D.

$126,000