Steuben Company produces dog houses. During the current year, Steuben Company incurred the following costs:

Rent on manufacturing facility	$	116,000
Office manager's salary		65,000
Wages of factory machine operators		45,000
Depreciation on manufacturing equipment		15,000
Insurance and taxes on selling and administrative offices		5,000
Direct materials purchased and used		75,000

Based on the above information, the amount of period costs shown on Steuben's income statement is:

Multiple Choice

• $65,000

• $5,000

• $70,000

• $186,000