Sleepy Time is a retailer of luxury bed frames located in Los Angeles, California. Due to a recent industry-wide financial crisis, the CFO of Sleepy Time fears a significant drop in the firm's upcoming income stream. The CFO asked you to use the company financial information provided below. Sales price per unit Per-unit variable costs: Invoice cost Sales commissions Total per-unit variable costs Total annual fixed costs: Advertising Rent Salaries Total annual fixed costs $ 3,250.00 2,468.80 331.20 $ 2,800.00 $ 236,500 178,500 386,500 $ 801,500 If 4,250 bed frames were sold, Sleepy Time's operating income (TTB) would be: (Do not round intermediate calculations.) Multiple Choice $1,151,000. $1,191,000. $1,111,000. $1,251,000. $1,031,000