Knapper Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During January, the kennel budgeted for 2,700 tenant-days, but its actual level of activity was 2,740 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting:

	Fixed Element per Month				Variable Element per Tenant-Day
Revenue		-		$		37.00
Wages and salaries	$	3,800		$		6.10
Food and supplies		900				14.90
Facility expenses		9,700				4.80
Administrative expenses		6,600				0.10
Total expenses	$	21,000		$		25.90

The net operating income in the flexible budget for January would be closest to: (Round your intermediate calculations to 2 decimal places.)

A) $9,414

B) $8,350

C) $8,600

D) $8,970