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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 $1,323,000 258,000 55,000 60,000 559,000 Multiple Choice $391,000 $812,000 $554,000. O $391,000. $812,000. O $554,000 O $511,000. $807,000

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