A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price	$	134
Units in beginning inventory		0
Units produced		7,600
Units sold		7,300
Units in ending inventory		300
Variable costs per unit:
Direct materials	$	49
Direct labor	$	52
Variable manufacturing overhead	$	6
Variable selling and administrative expense	$	11
Fixed costs:
Fixed manufacturing overhead	$	68,400
Fixed selling and administrative expense	$	36,500

What is the net operating income for the month under absorption costing?