The following static budget is provided: 20,000 Units $ 240,000 Units Sales Less variable costs: Manufacturing costs Selling and administrative costs Contribution margin Less fixed costs: Manufacturing costs Selling and administrative costs Net Income $ 72,000 $ 40,000 $ 128,000 $ 38,000 $ 23,000 $ 67,000 What will budgeted net income equal if 21,000 units are produced and sold? (Do not round intermediate calculations.) Multiple Choice $134,400 $73,400 $70,350 $252,000