The Following Static Budget Is Provided What Will Budgeted Net Income Equal If 21,000 Units Are

The following static budget is provided: $\begin{array}{|l|l|ll|} \hline \text {Units} &\text { } && \underline { 20,000 \text { units } }\\\hline \text { Sales } &\text { } &\$ & 200,000 \\\hline \text { Less variable costs: } \\\hline \text { } &\text { Manufacturing costs } &\$ & 70,000 \\\hline \text { } &\text { Selling and administrative costs } &\$ & \underline { 40,000 }\\\hline \text { Contribution Margin } &\text { } &\$ & 90,000 \\\hline \text {Less fixed costs:} \\\hline \text { } &\text { Manufacturing costs } &\$ & 22,000 \\\hline \text { } &\text {Selling and administrative costs } &\$ & \underline { 17,000 }\\\hline \text { Net Income } &\text { } &\$ &\underline { 51,000}\\\hline \end{array}$ What will budgeted net income equal if 21,000 units are produced and sold? (Do not round intermediate calculations. )

A) $53,550
B) $55,500
C) $94,500
D) $210,000