The lSEDBO company repons the following information for last year: Sales $ 656,666 Direct labor cost $ 39,666 Flaw material purchases $ 135,666 Selling expenses 13 161,666 Administrative expenses $ 41,666 Hanu-Facturing overhead applied to work in process $ 229,666 Actual manufacturing overhead costs $ 265,666 Inventories Beginnirg Ending Flaw materials 9 9,666 5 16,166 Work in process 9 5,466 5 26,266 Finished goods $ 16,666 $ 25,666 The company closes out any underapplied or overapplied overhead to Cost of Goods Sold. What was the IS-BU?36 company's net operating income for last year? 0 $ 50,7500 0 $ 52,606 D $ 58,7500 0 $ 2?,?60