A merchandiser plans to sell $13,700$ units next month at a selling price of $$110$ per unit. It also gathered the following cost estimates for next month:CostCost FormulaCost of goods sold$$60$ per unit soldAdvertising expense$$150,000$ per monthDepreciation expense$$70,000$ per monthShipping expense$$100,000$ per month $+$ $$10$ per unit soldAdministrative salaries$$50,000$ per monthSales commissions$5\%$ of salesInsurance expense$$15,000$ per monthWhat is the estimated net operating income for next month?