Outdoor Outfitters has created a flexible budget for the 70,000-unit and the 80,000-unit levels of activity shown as follows. Complet Outdoor Outfitters's flexible budget at the 93,000-unit level of activity. Assume that the cost of goods sold and variable operating expenses vary directly with sales and that income taxes remain at 30 percent of operating income. 70,000 Units 80,000 Units 93,000 Units Sales Cost of goods sold Gross profit on sales $ 1,400,000 $ 1,600,000 840,000 960,000 $ 560,000 $ 640,000 $ Operating expenses ($90,000 fixed) 370,000 410,000 Operating income $ 190,000 $ 230,000 $ 0 Income taxes (30% of operating income) 57,000 Net income $ 133,000 $ 69,000 161,000 $ 0