Actual	Master
		Budget
Sales (units)	850,000	800,000
Sales Revenue	5,790,000	6,000,000
Variable Costs
Materials	1,800,000	1,800,000
Direct labor	495,000	420,000
Manufacturing Overhead	717,000	780,000
Total Variable Costs	3,012,000	3,000,000
Contribution Margin	2,778,000	3,000,000
Fixed Costs
Building	1,164,000	1,200,000
Administrative	195,000	225,000
Total Fixed Costs	1,359,000	1,425,000
Total Profit	1,419,000	1,575,000
What will be the value of the flexible budget net income or net loss?
(indicate if the figure is a net income or a net loss)