Using the information below, calculate net income for the period: Sales revenues for the period$1,319,000? Operating expenses for the period 254,000? Finished Goods Inventory, January 1 51,000? Finished Goods Inventory, December 31 56,000? Cost of goods manufactured for the period 555,000?
A. $799,000.
B. $515,000.
C. $403,000.
D. $550,000.
E. $804,000.
Answer: B
Business
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