The Ace Company sells a single product at a budgeted selling price per unit of $73. Budgeted fixed manufacturing costs for the coming period are $23,000, while budgeted fixed marketing expenses for the period are $30,500. Budgeted variable costs per unit include $15 of selling expenses (commission) and $17of manufacturing costs. What is the budgeted operating income if the anticipated sales volume for the period is (1) 11,300 units, and (2) 16,300 units?