Soapy's Suds makes & sells root beer. Its beginning W-I-P inventory was $12,000, and the ending W-I-P inventory was $10,000. During the year, Soapy used $45,000 of direct materials and incurred $30,000 of direct labor in production. Its cost of goods manufactured for the period was $97,000. How much manufacturing overhead did soapy incur during the year?

A. $22,000

B. 24,000

C. $26,000

D. $20,000

E. None of these