The following static budget is provided: 28,000 Units $280,000 Units Sales Less variable costs: Manufacturing costs Selling and administrative costs Contribution margin Less fixed costs: Manufacturing costs Selling and administrative costs Net Income $ 98,000 $ 58,800 $123,200 $ 44,800 $ 21,000 $ 57,400 What will budgeted net income equal if 29.000 units are produced and sold? (Do not round intermediate calculations.)