The IS-31836 company reports the following information for last year: Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $ 652,000 $ 84,000 $ 131,000 $ 101,000 $ 47,000 $221,000 $ 202,000 Inventories Raw materials Work in process Finished goods Beginning $ 8,100 $5,800 Ending $ 10,400 $ 20,400. $ 74,000 $ 25,400 The company closes out any underapplied or overapplied overhead to Cost of Goods Sold. What was the 15-31836 company's net operating income for last year? $55,300 $ 83,300 $68,000 $36,300