Following are the Cost Statement particulars for Presley Manufacturing Ltd.

Administrative expenses	$ 60,000
Depreciation expense Manufacturing equipment	$ 50,000
Direct labor	$ 468,000
Manufacturing supplies expense	$ 40,000
Indirect labor	$ 36,000
Beginning inventories, January 1:
Direct materials	$ 14,000
Work in process	$ 20,000
Finished goods	$ 128,000
Ending inventories, December 31
Direct materials	$ 44,000
Work in process	$ 56,000
Finished goods	$ 92,000
Direct materials purchases	$ 216,000
Rent expense Factory	$ 28,000
Sales	$ 1,400,000
Selling expense	$ 72,000
Other manufacturing overhead	$ 126,000

What is the Income from Operations for Presley Manufacturing Ltd.?

Question 4 options:

	$212,000
	$334,000
	$132,000
	$186,000