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Artisan Inspiration, Inc. is a merchandiser of stone ornaments. The company sold 8,000 units during the year. The company has

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Correct answer-------(C) $203,000

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Sales revenue $ 593,000.00
Cost of goods sold
Beginning inventory $    46,000.00
Purchases (304000+14000) $ 318,000.00
Goods available for sale $ 364,000.00
Less: Ending Inventory $    42,000.00
Cost of goods sold $ 322,000.00
Gross profit $ 271,000.00
Selling and administrative expenses $    68,000.00
Operating income $ 203,000.00
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