The following information is from Franklin Industries master budget for the current year:

Number of units	15,000
Sales revenue	$585,000
Direct materials	165,000
Direct labor	90,000
Variable factory overhead	105,000
Fixed factory overhead	75,000
Variable selling and administrative expenses	60,000
Fixed selling and administrative expenses	20,000

Prepare a flexible budget for the production and sale of 20,000 units and determine what the income would be at that level of sales.