28,000 Units $280,000 $ 98,000 $ 58, 800 Units Sales Less variable costs: Manufacturing costs Selling and administrative costs Contribution margin Less fixed costs: Manufacturing costs Selling and administrative costs Net Income $123, 200 $ 44,800 $ 21,000 $ 57,400 What will budgeted net income equal if 26,000 units are produced and sold? (Do not round intermediate calculations.) $29,400 $48,600 $31,800 $560,000