2. Santorini Hospital uses client-visits as its measure of activity. During May, the Hospital budgeted for 3,800 client-visits, but its actual level of activity was 3,820 client-visits, The Hospital has provided the following data concerning the formulas used in its budgeting and its actual results for May Data used in budgeting Fixed Element/Month Variable Element/client visit Revenue Personal Ecpenses Medical Supplies....... Occupancy Expenses Administrative expenses.... Total Expenses 36,800 1700 10.200 7,600 $56,300 $38.2 $11.3 $52 $2 $0.4 $18.9 Actual results for May Revenue $145,664 Personnel Expenses $80,786 Medical sypplies $21,314 Occupancy Expenses $17.960 Administration Expenses.... $8.848 The net operating income in the flexible budget for May would be closest to (3 Points) Activat