Cox Manufacturing Company prepared the following static budget income statement :

Sales Revenue

$125,000

Variable Costs

(75,000)

Contribution Margin

50,000

Fixed Cost

(30,000)

Net income

$20,000

The static budget was based on an expected sales volume of 5,000 units.Actual sales volume was 6,000 units.

The budgeted amount of net income based on a flexible budget of 6,000 units would have been

a.$24,000.

b.$26,000.

c.$30,000

d.$45,000.