Adger Corporation is a service company that measures its output based on the number of customers served. The company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown below:

	Fixed Element per Month		Variable Element per Customer Served		Actual Total for May
Revenue			$	5,300	$	199,500
Employee salaries and wages	$	52,000	$	1,300	$	103,600
Travel expenses			$	700	$	25,800
Other expenses	$	31,000			$	29,900

When preparing its planning budget the company estimated that it would serve 35 customers per month; however, during May the company actually served 40 customers.

Adger Corporation is a service company that measures its output based on the number of customers served. The company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown below: When preparing its planning budget the company estimated that it would serve 35 customers per month; however, during May the company actually served 40 customers. 5. What net operating income would appear in Adger?s flexible budget for May