Outdoor outfitters has created a flexible budget for the 70,000-unit and the 80,000-unit levels of activity shown as follows. Complete Outdoor outfitters flexible budget at the 104,000-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 the 30 percent of operating income.

Sales: 70,000 Units - $1,400,000; 80,000 Units- $1,600,000; 104,000 Units - ?

Cost of goods sold: 70,000 Units - 840,000; 80,000 Units-960,000; 104,000 Units - ?

Gross Profit on sales: 70,000 Units - $560,000; 80,000 Units- $640,000; 104,000 Units - ?

Operating Expenses ($90,000 fixed): 70,000 Units -$370,000; 80,000 Units- 410,000; 104,000 Units - ?

Operating Income: 70,000 Units - 190,000; 80,000 Units- 230,000; 104,000 Units - ?

Income Taxes (30% of operating income): 70,000 Units - 57,000; 80,000 Units- 69,000; 104,000 Units -?

Net Income: 70,000 Units - 133,000; 80,000 Units- 161,000; 104,000 Units - ?