The static budget for the production of bicycles by Wheel Professionals is based on 3,000 units produced per month. For this level of production, indirect materials are $75,000, indirect labor is $92,000, utilities are $26,000, depreciation is $42,000, and supervision is $6,000. In February, production drops to 1,000 units. If the company wants to develop a flexible budget to include this decreased production rate, what should the company budget for fixed costs?

A. 48,000

B. 16,000

C. 14,000

D. 74,000