Plasencia Corporation is a manufacturer that uses job order costing. The company closes out any overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year: beginning inventories: Estimated total manufacturing overhead at the beginning of the year Estimated direct labor-hours at the beginning of the year Results of operations Actual direct labor-hours Manufacturing overheadi Indirect labor cost Other manufacturing overhead costs incurred selling and administrativer belling and administrative salaries other selling and administrative expenses Cost of goods manufactured bales revenue Cost of goods sold (unadjusted) The net operating income is (De net round your intermediate calculations.) 42,000 direct labor-hours $ 177,000 $ 444,000 $ 280,000 $ 310,000 $ 33,000 $635,500 41,000 direct labor-hours $1,501,000 $2,704,000 $1,416,000

what is the net operating income? (do not round your intermediate calculations)

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