Data for January for Basil Corporation and its two major business segments, North and South, appear below:

Sales revenues, North ---------------------- $660,000

Variable expenses, North ----------------- $383,000

Traceable fixed expenses, North ------- $79,000

Sales revenues, South ---------------------- $510,000

Variable expenses, South ----------------- $291,000

Traceable fixed expenses, South ------- $70,000

In addition, common fixed expenses totaled $179,000 and were allocated as follows: $93,000 to the North business segment and $86,000 to the South business segment.

A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is: