Which of the following numbers will replace the question mark (?) in the given series?
$7,16,43,124,367,?$

Let's find the differences between consecutive numbers in the series:
* $16-7=9=3^2$
* $43-16=27=3^3$
* $124-43=81=3^4$
* $367-124=243=3^5$

The differences are consecutive powers of $3$ starting from $3^2$. Following the same pattern, the next difference should be $3^6$:

$$3^6=729$$

Therefore, the missing number is:

$$\text{Missing number}=367+729=1096$$

Thus, the correct answer is $1096$.