Farron 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	$7
Fixed costs:
Fixed manufacturing overhead	$132,000
Fixed selling and administrative	$8,500

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

$10,700$(19,300)$16,700$6,000