The Ace Company sells a single product at a budgeted selling price per unit of $74. Budgeted fixed manufacturing costs for the coming period are $24,000, while budgeted fixed marketing expenses for the period are $31,000. Budgeted variable costs per unit include $16 of selling expenses (commission) and $18 of manufacturing costs. What is the budgeted operating income if the anticipated sales volume for the period is (1) 11,400 units, and (2) 16,400 units