Use the information below to answer the following question(s) .
Bernard Corporation gathered the following information for the year just ended:

During the year, Bernard produced and sold 50,000 units of product at a selling price of $9.00 per unit. There was no beginning inventory of product at the start of the year.
-What is the operating income (loss) for the year at Bernard Corporation?
A) $266,000
B) $450,000
C) $126,000
D) $310,000
Correct Answer:
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