Dells Company uses the periodic inventory system. Sales for 2019 were $1,410,000 while operating expenses were $525,000. Beginning and ending inventories for 2019 were $210,000 and $180,000, respectively. Net purchases were $540,000 while freight in was $45,000. The net income or loss for 2019 was: Select one: O A. $90,000 net loss B. $90,000 net income C. $30,000 net income D. $270,000 net income