The following information pertains to Bright Toy Company's operating activities for 2012. The company sells light box toys and sold 10,000 units in 2012.

Purchases $126,000

Selling and Administrative Expenses 90,000

Merchandise inventory, 1/1/2012 14,000

Merchandise inventory, 12/31/2012 10,000

Sales Revenue 250,000

What is the operating income for 2012? A) $250,000 B) $140,000 C) $30,000 D) $90,000