Franklin Street Manufacturing Franklin Street Manufacturing has the following cost information available for 2011: Direct materials used Direct labor costs Factory overhead Marketing expenses Administrative expenses $10,000 25,000 20,000 4,000 6,000 20,000 units were produced during the year out of which 19,oo0 units were sold for $10 each. Refer to the Franklin Street Manufacturing information above. What is net operating income for 2011? (Ignore taxes) O a. $125,000 b. $137,750 Oc. $128,250 d. $127,750