Use the following information to answer the question:

$1.$ Acquired $$30,000$ of Capital from owners.

$2.$ Paid $$10,000$ for all material used in starting and completing $50$ products this period.

$3.$ Paid $$6,000$ for administrative salaries.

$4.$ Paid $$8,000$ for wages of production workers.

$5.$ Depreciation of office furniture $$2,500.$

$6.$ Depreciation of manufacturing equipment $$3,500.$

$7.$ Collected $$28,000$ in cash for all sales made during the period.

Period Costs for the period were?

Question $4$ options:

a$)$

$ $30,000$

b$)$

$$38,500$

c$)$

$ $8,500$

d$)$

$ $21,500$