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Using the information below, calculate net income for the period: Sales revenues for the period Operating expenses for the period Finished Goods Inventory, January 1

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Using the information below, calculate net income for the period: Sales revenues for the period Operating expenses for the period Finished Goods Inventory, January 1 Finished Goods Inventory, December 31 Cost of goods manufactured for the period $1,324,000 259,000 56,000 61,000 560,000 Multiple Choice $814,000. 0 $809,000. 0 $510,000. 0 $555,000. 0 $388,000

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