multiple choice:

$15,950

$11,040

$19,550

$21,160

Rexon Corporation has two divisions, Refining and Extraction. The company's primary product is Motor Oil. Each division's costs are provided below. Extraction: Refining: Variable cost/barrel $8.05 Fixed cost/barrel $ 5.75 Variable cost/barrel $ 32.20 Fixed cost/barrel $36.80 Assume 200 barrels are transferred from the Extraction Division to the Refining Division for a transfer price of $18 per barrel, The Rofining Division sells the 200 barrels of a price of $138 each to customers. What is the operating income of both divisions together