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

Multiple Choice

Crystal,Inc.is a merchandiser of stone ornaments.The company sold 6,000 units during the year.The company has provided the following information: $$\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 589,000 \\\hline \text { Purchases (excluding Freight In) } & 305,000 \\\hline \text { Selling and Administrative Expenses } & 69,000 \\\hline \text { Freight In } & 15,000 \\\hline \text { Beginning Merchandise Inventory } & 44,000 \\\hline \text { Ending Merchandise Inventory } & 42,000 \\\hline\end{array}$$ What is the operating income for the year? (Round your answer to the nearest whole dollar.)

A) $198,000
B) $322,000
C) $267,000
D) $520,000