The following static budget is provided:

Units		23,000 units
Sales	$	230,000
Less variable costs:
Manufacturing costs	$	80,500
Selling and administrative costs	$	55,200
Contribution Margin	$	94,300
Less fixed costs:
Manufacturing costs	$	29,900
Selling and administrative costs	$	19,550
Net Income	$	44,850

What will be the budgeted net income if 21,000 units are produced and sold? (Do not round intermediate calculations.)

	$21,850
	$36,650
	$460,000
	$207,000