On January 1, 2013, Pride, Inc During 2013, Pride Bought Inventory for $112,000 and Sold It

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On January 1, 2013, Pride, Inc. acquired 80% of the outstanding voting common stock of Strong Corp. for $364,000. There is no active market for Strong's stock. Of this payment, $28,000 was allocated to equipment (with a five-year life) that had been undervalued on Strong's books by $35,000. Any remaining excess was attributable to goodwill which has not been impaired. As of December 31, 2013, before preparing the consolidated worksheet, the financial statements appeared as follows: $\begin{array}{lcc}&\text { Pride, Inc.}&\text { Strong Corp. }\\\text { Revenues } & \$ 420,000 & \$ 280,000 \\\text { Cost of goods sold } & (196,000) & (112,000) \\\text { Operating expenses } & \quad(28,000) & (14,000) \\\text { Net income } & \$ \quad 196,000 & \$ 154,000\\\\\text { Retained earnings, 1/1/13 } & \$ 420,000 & \$ 210,000 \\\text { Net income (above) } & 196,000 & 154,000 \\\text { Dividends paid } & 0 &0 \\\text { Retained earnings, 12/31/13 } & {\$ 616,000}& \$ 364,000\\\\\text { Cash and receivables } & \$ 294,000 & \$ 126,000 \\\text { Inventory } & 210,000 & 154,000 \\\text { Investment in Strong Corp } & 364,000 & 0 \\\text { Equipment (net) } & 616,000 & \underline{420,000} \\\text { Total assets } & \$ 1,484,000 & \$ 700,000\\\\\text { Liabilities } & \$ 588,000 & \$ 196,000 \\\text { Common stock } & 280,000 & 140,000 \\\text { Retained earnings, 12/31/13 (above) } & 616,000 & 264,000\\\text { Total liabilities and stockholders' equity } & \$ 1,484,000 & \$ 700,000 \\\end{array}$ During 2013, Pride bought inventory for $112,000 and sold it to Strong for $140,000. Only half of this purchase had been paid for by Strong by the end of the year. 60% of these goods were still in the company's possession on December 31, 2013.
What is the total of consolidated operating expenses?

A) $42,000.
B) $47,600.
C) $53,200.
D) $49,000.
E) $35,000.