The following data (in thousands of dollars) have been taken from the accounting records of Karsen Corporation for the just completed year.

Sales $930

Raw materials inventory, beginning $70

Raw materials inventory, ending $40

Purchases of raw materials $190

Direct labor $150

Manufacturing overhead $210

Administrative expenses $90

Selling expenses $120

Work in process inventory, beginning $80

Work in process inventory, ending $70

Finished goods inventory, beginning $90

Finished goods inventory, ending $140

Use these data to answer the following series of questions

. 19. The cost of the raw materials used in production during the year (in thousands of dollars) was:

A) $230 B) $220 C) $160 D) $260

20. The cost of goods manufactured (finished) for the year (in thousands of dollars) was:

A) $590 B) $650 C) $660 D) $570 21.

The cost of goods sold for the year (in thousands of dollars) was:

A) $680 B) $540 C) $640 D) $730 22.

The net operating income for the year (in thousands of dollars) was:

A) $180 B) $170 C) $390 D) $190