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

Selling price	$132
Units in beginning inventory	0
Units produced	9,200
Units sold	8,800
Units in ending inventory	400
Variable costs per unit:
Direct materials	$23
Direct labor	$65
Variable manufacturing overhead	$11
Variable selling and administrative	$15
Fixed costs:
Fixed manufacturing overhead	$138,000
Fixed selling and administrative	$9,300

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