Bustillo Company operates sightseeing 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 Bus $ 476 Cost per Passenger $ 3 Vehicle operating costs Advertising Administrative costs Insurance Fred Cost per Month $ 5,800 $2,500 $ 5.300 $ 3,900 $ 38 For example, vehicle operating costs should be $6,800 per month pus $475 per bus plus $3 per passenger. The company's sales revenue should average $30 per passenger In July the company operated 55 buses and served a total of 3,250 passengers. How much is the company's flexible budget operating income for July Multiple Choice $12.000 561.395 o $54.710