Bustillo Company operates sight-seeing buses. Management has Identified two cost drivers-the number of buses in operation and the number of passengers served that it uses In Its budgeting and performance reports. Data concerning the company's cost formulas appear below: Cost per Passenger Cost per Bus $ 476 4 Vehicle operating costs Advertising Administrative costs Insurance Fixed Cost per Month $ 6,800 $ $ 5,300 S 3.900 2,500 $ 38 $ 1.5 For example, vehicle operating costs should be $6,800 per month plus $476 per bus plus $4 per passenger. The company's sales revenue should average $30 per passenger. In July, the company operated 49 buses and served a total of 3,100 passengers. How much is the company's flexible budget operating Income for July? Multiple Choice $60,736 O $30,124 O $32,264 O $50,476