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

Selling price	$152
Units in beginning inventory	0
Units produced	9,450
Units sold	9,050
Units in ending inventory	400
Variable costs per unit:
Direct materials	$28
Direct labor	$70
Variable manufacturing overhead	$16
Variable selling and administrative	$20
Fixed costs:
Fixed manufacturing overhead	$141,750
Fixed selling and administrative	$9,800

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