The following static budget is provided:

Units		25,000		Units
Sales	$	250,000
Less variable costs:
Manufacturing costs	$	80,000
Selling and administrative costs	$	57,500
Contribution margin	$	112,500
Less fixed costs:
Manufacturing costs	$	27,500
Selling and administrative costs	$	21,250
Net Income	$	63,750

What will budgeted net income equal if 26,000 units are produced and sold? (Do not round intermediate calculations.)

Multiple Choice

• $117,000

• $68,250

• $66,300

• $260,000