2006 AMC 10A Problem 16

A circle of radius $1$ is tangent to a circle of radius $2$. The sides of $\triangle ABC$ are tangent to the circles as shown, and the sides $\overline{AB}$ and $\overline{AC}$ are congruent. What is the area of $\triangle ABC$?

$\mathrm{(A)}\ \frac{35}{2}\qquad\mathrm{(B)}\ 15\sqrt{2}\qquad\mathrm{(C)}\ \frac{64}{3}\qquad\mathrm{(D)}\ 16\sqrt{2}\qquad\mathrm{(E)}\ 24$