Streif Inc., a local retailer, has provided the following data for the month of June: Merchandise inventory, beginning balance Merchandise inventory, ending balance Sales Purchases of merchandise inventory Selling expense Administrative expense The net operating income for June was: $ $ $ $ 46,000 52,000 260,000 128,000 13,000 40,000 $ Select one: O A. $126,000 O B. $85,000 O C. $132,000 O D. $79,000