1 Infinity Clock Company prepared the following static budget for the year: Static Budget Units/Volume Per Unit 7,000 Sales Revenue $5.00 $35,000 Variable Costs 1.50 10,500 Contribution Margin Fixed Costs Operating Income/(Loss) 24,500 3.000 $21.500 If a flexible budget is prepared at a volume of 6,300 units, calculate the amount of operating income. The production level is within the relevant range. O $21,500 $3,000 $9.450 $19,050 1 pts