Help Seve During its first year of operations, Silverman Company paid $11065 for direct materials and $11.200 for production workers' wages. Lease payments and utilities on the production facilities amounted to $10.200 while general, selling and administrative expenses totaled $3,300. The company produced 7550 units and sold 4700 units at a price of $60 a unit What was Silverman's net income for the first year in operation? Multiple Choice