Question $25(4$ points$)$

Outdoor Feeders is a manufacturer of bird seed. During the previous period, $$16,500$ of direct materials were requisitioned $($i$.$e$.,$ used$)$ and $$15,000$ of direct labor costs were incurred in the company's manufacturing operations. The company uses actual costing to account for manufacturing overhead. The actual manufacturing overhead costs incurred totaled $$4,600.$

The company's beginning work in process inventory equaled $$12,000.$ By the end of the period, this amount had increased by $$2,500.$ There was a net decrease in finished goods inventory during the period of $$570.$

Given sales revenue of $$125,000$ and operating expenses of $$21,000,$ what was t$.$ company's operating income for the period?

$$74,430$