Pure Water, Inc. reported the following information for the month of November:

Sales $950,350

Selling and administrative expenses $165,000

Direct materials, November 1 $ 25,300

Work in process, November 1 $ 37,500

Finished goods, November 1 $133,000

Direct labor $225,400

Direct materials, November 30 $ 19,500

Work in process, November 30 $ 86,000

Finished goods, November 30 $113,700

Direct materials purchases $195,000

Factory overhead $203,900

The operating income (loss) for the month of November is: a. $(58,150) b. $161,050 c. $349,450 d. $203,750 e. $190,250 f. $184,450 g. $388,350 h. None of the above