Infinity Clock Company prepared the following static budget for the year: Static Budget Units/Volume 9,000 Per Unit $5.00 1.00 Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income/(Loss) $45,000 9,000 36,000 3,000 $33,000 If a flexible budget is prepared at a volume of 8,500 units, calculate the amount of operating income. The production level is within the relevant range O A. $33,000 O B. $31,000 O C. $8,500 O D. $3,000