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Question 13 A company sold 8,000 units during the year and provides the following information: Sales Revenue $593,000 Purchases (excluding Freight In) 304,000 Selling

Question 13 A company sold 8,000 units during the year and provides the following information: Sales Revenue $593,000 Purchases (excluding Freight In) 304,000 Selling and Administrative Expenses 68,000 Freight In 14,000 Beginning Merchandise Inventory 46,000 42,000 Ending Merchandise Inventory What is the operating income for the year? (Round your answer to the nearest whole dollar.) O $203.000 $322.000 O $271.000 $525,000 3.4 pts

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