Vaughn Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 2,000 kits was prepared for the year. Fixed operating expenses account for 80% of total operating expenses at this level of sales. Sales Revenue $ 100,280 Cost of goods sold (all variable) 60,000 Gross margin 40,280 Operating expenses 35,170 Operating income $ 5,110 Prepare a flexible budget based on sales of 1,467, 2,570, and 3,840 units.