Ibis Paper Company Prepared the Following Static Budget for November

Ibis Paper Company prepared the following static budget for November: $\begin{array}{|l|l|r|}\hline \text { Static Budget } & & \\\hline \text { Units/Volume } & & 12,000 \\\hline & \text { Per Unit } & \\\hline \text { Sales Revenue } & \$ 21,00 & \$ 252,000 \\\hline \text { Variable Costs } & 3.00 & \underline{96,000} \\\hline \text { Contribution Margin } & & 156,000 \\\hline \text { Fixed Costs } & & \underline{\underline{13,000}} \\\hline \text { Operating Income/(Loss) } & & \underline{\$ 143,000} \\\hline\end{array}$ If a flexible budget is prepared at a volume of 13,300 units,calculate the operating income.The production level is within the relevant range.

A) $172,900
B) $156,000
C) $143,000
D) $159,900