Famous Desk Company manufactures desks for office use. The variable cost of 220 units in beginning inventory is $83 each. Following is information about this period's manufacturing.

Selling price

$402 per desk

Variable manufacturing cost

$83 per desk

Fixed manufacturing costs

$16,000 per month

Variable selling and administrative

$31 per desk

Fixed selling and administrative

$6576 per month

Based on normal capacity of 132 desks per month, compute the operating income for a month in which 194 desks are manufactured and 286 are sold if the company uses absorption costing and allocated fixed manufacturing costs to inventory using normal capacity rate.