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

Selling price	$ 100
Units in beginning inventory	0
Units produced	8,800
Units sold	8,400
Units in ending inventory	400

Variable costs per unit:
Direct materials	$ 15
Direct labor	$ 57
Variable manufacturing overhead	$ 3
Variable selling and administrative expense	$ 7
Fixed costs:
Fixed manufacturing overhead	$ 132,000
Fixed selling and administrative expense	$ 6000

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