Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 3,500 client-visits, but its actual level of activity was 3,490 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for January: Data used in budgeting:

	Fixed element per month	Variable element per client-visit
Revenue	$ 0	$ 38.20
Personnel expenses	$ 33,600	$ 11.00
Medical supplies	1,900	6.20
Occupancy expenses	10,200	1.90
Administrative expenses	6,600	0.30
Total expenses	$ 52,300	$ 19.40

Actual results for January:

Revenue	$ 127,218
Personnel expenses	$ 71,860
Medical supplies	$ 24,058
Occupancy expenses	$ 17,371
Administrative expenses	$ 7,547

The net operating income in the flexible budget for January would be closest to:

The net operating income in the flexible budget for January would be closest to: