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

Selling price	$109
Units in beginning inventory	650
Units produced	8,550
Units sold	8,650
Units in ending inventory	550

Variable costs per unit:
Direct materials	$ 23
Direct labor	$ 40
Variable manufacturing overhead	$ 4
Variable selling and administrative expense	$ 14
Fixed costs:
Fixed manufacturing overhead	$ 68,400
Fixed selling and administrative expense	$162,400

The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month.

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