Artisan Inspiration,Inc What Is the Operating Income for the Year? (Round Your

Multiple Choice

Artisan Inspiration,Inc.is a merchandiser of stone ornaments.The company sold 8000 units during the year.The company has provided the following information: $$\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 593,000 \\\hline \text { Purchases (excluding Freight In) } & 304,000 \\\hline \text { Selling and Administrative Expenses } & 68,000 \\\hline \text { Freight In } & 14,000 \\\hline \text { Beginning Merchandise Inventory } & 46,000 \\\hline \text { Ending Merchandise Inventory } & 42,000 \\\hline\end{array}$$ What is the operating income for the year? (Round your answer to the nearest whole dollar.)

A) $203,000
B) $322,000
C) $271,000
D) $525,000