Outdoor Outfitters has created a flexible budget for the 70,000-unit and the 80,000-unit levels of activity as shown below. Complete Outdoor Outfitters's flexible budget at the 72,800-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. (Omit the "$" sign in your response.) 70,000 Units 80,000 Units 72,800-units Sales $1,400,000 $1,600,000 $ Cost of goods sold 840,000 960,000 ----------------------------------------------------------------------------------------------- Gross profit on sales $560,000 $640,000 $ Operating expenses ($90,000 fixed) 370,000 410,000 ----------------------------------------------------------------------------------------------- Operating income $190,000 $230,000 $ Income taxes (30% of operating income) 57,000 69,000 -------------------------------------------------------------------------------- Net income $133,000 $161,000 $