Remaining Time: 21 minutes, 49 seconds Question Completion Status QUESTION 1 Infinity Clock Company prepared the following static budget for the year: Static Budget Units/Volume 9000 Per Unit Sales Revenue $4.00 $36,000 Variable Costs 2.00 18,000 Contribution Margin 18,000 Fixed Costs 2000 Operating Income/Loss) $16,000 If a flexible budget is prepared at a volume of 8500 units, calculate the amount of operating income. $15,000 $19,000 O $34,000 O $17,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers