3. Lantagne Clinic uses client-visits as its measure of activity. During May, the clinic budgeted for 3,800 client-visits, but its actual level of activity was 3,820 client-visits. The clinic 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 Expenses.. 36,800. Medical Supplies... 1700.. Occupancy Expenses... .10,200. Administrative expenses............7,600......... Total Expenses........... $56,300 $38.2 $11.3 $5.2 ......$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) O 517,426 O $16668 517040 516,844