DS-98269 company provided the following data for the end of the year (all raw materials are used in production as direct materials): Selling expenses $206,000 Purchases of raw materials $247,000 Direct labor $ 20,000 Administrative expenses $148,000 Manufacturing overhead applied to work in process $360,000 Actual manufacturing overhead cost $332,000 Inventory balances at the beginning and end of the year were as follows: Raw materials Work in process Finished goods Beginning End of of Year Year $ 60,000 $38,000 $ 25,000 $33,000 $ 7 $44,000 For the year, the cost of goods available for sale was $708,000 and the net operating income as reported in its income statement income was $49,000. The DS-98269 company's underapplied or overapplied overhead was closed to cost of Goods Sold. How much was the DS-98269 company's sales revenue for the year? Multiple Choice $1,039,000 $1,031,000 $1,027.000 $1,035,000