Ibis Paper Company prepared the following static budget for November:

Static Budget
Units/Volume		12,000
	Per Unit
Sales Revenue	$21.00	$252,000
Variable Costs	8.00	96,000
Contribution Margin		156,000
Fixed Costs		13,500
Operating Income/(Loss)		$142,500

If a flexible budget is prepared at a volume of 14,500 units, calculate the operating income. The production level is within the relevant range.

A.

$172,900

B.

$156,000

C.

$143,000

D.

$159,900