The next number in the given series is 196, 384, 736, ______

Look at the relation between consecutive terms. 196 x 2 = 392 and 392 - 8 = 384. Next, 384 x 2 = 768 and 768 - 32 = 736. The subtracted number is multiplied by 4 each time: 8, 32, 128. Therefore, the next term is 736 x 2 - 128 = 1472 - 128 = 1344. Hence, option 1 is correct.