Cullumber's sells two products, a pepper relish with a selling price of $5.20 and a variable cost per jar of $2.40 and a blackberry marmalade with a selling price of $5.20 and a variable cost per jar of $2.30. Cullumber's expected sales are 1440 jars of pepper relish and 2160 jars of blackberry marmalade. Fixed expenses are $12256. At the expected sales level, Cullumber's net income will be

a) (3760)

b) 0

c) 18,720

d) 8,496