Dorffman Inc. has a $15 000 favourable flexible budget variance for May. If Mays actual net income was $75 000, which of the following statements is true?

		Dorffmans flexible budget must have showed net income of $60 000.
		Dorffmans flexible budget must have showed net income of $75 000.
		Dorffmans static budget must have showed net income of $15 000.
		Dorffmans static budget must have showed net income of $60 000.