Infinity Clock Company prepared the following static budget for the year: Static Budget Units/Volume 5,000 Per Unit Sales Revenue $7 $35,000 Variable Costs 1.5 7,500 Contribution Margin 27,500 Fixed Costs 4.000 Operating Income/(Loss) $23,500 If a flexible budget is prepared at a volume of 9,200 units, calculate the amount of operating income. The production level is within the relevant range. O A. $46,600 OB. $4,000 O C. $13.800 D. $23,500