the following information for the past year for the blaine corporation has been provided

Fixed:

Manufacturing $140,000

Marketing 22,000

Administrative 24,000

Variable costs:

Manufacturing $120,000

marketing 20,000

Administrative 35,00

During the year, the company produced and sold 40,000 units of product at a selling price of $14.03 per unit. There was no beginning inventory of product at the beginning of the year.

What was the operating income (loss) for the year?