A doctor in private practice, Dr. Dre CoolJay, MD, performs a certain outpatient procedure for $1,000. His fixed costs are $20,000, while his variable costs are $500 per procedure. Dr. Hunter currently plans to perform 200 procedures this month. What is the margin of safety assuming 100 procedures are budgeted?

$40,000 or 40 times

$50,000 or 50 times

$60,000 or 60 times

$100,000 or 100 times