Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price	$	120
Units in beginning inventory		0
Units produced		9,050
Units sold		8,650
Units in ending inventory		400

Variable costs per unit:
Direct materials	$	20
Direct labor	$	62
Variable manufacturing overhead	$	8
Variable selling and administrative expense	$	12
Fixed costs:
Fixed manufacturing overhead	$	135,750
Fixed selling and administrative expense	$	9,000

What is the net operating income for the month under absorption costing?