Porches, Inc. sells lawn furniture to consumers in the marketplace. The managerial accountant reported the following financial information that reflects the 20XX data: Beginning merchandise inventory on January 1: $233,800 Ending merchandise inventory on December 31: $135,400 Purchases: $953,000 Selling and administrative expenses: $175,400 Sales revenue for the year: $2,262,000 Cost of goods sold: $1,051,400 Salary and wage expenses: 5250,300 Rent and utility expenses: $76,000 Compute the operating income. O A. $181,600 OB. $122,200 O C. $708,900 OD. $82,200