Big Sports University is planning to hold a fund raising banquet at one of the local country clubs. It has two options for the banquet:

1. Foothills Country Club

a. Fixed rental cost of $600

b. plus $15.00 per person for food.

2. Downhill Country Club

a. Fixed rental cost of $1,080

b. It will have to hire a caterer who charges $12.00 per person for food.

Big Sports has budgeted $900 for administrative and marketing expenses. It plans to hire a band, which will cost another $400. Tickets are expected to be $40 per person. Any other items required for the event will be donated by its local business supporters

.What is the "operating income" assuming 250 people attend and option one is chosen?