Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $245,000, variable expenses of $135,600, and traceable fixed expenses of $64,800. The Alpha Division has sales of $555,000, variable expenses of $313,800, and traceable fixed expenses of $123,100. The total amount of common fixed expenses not traceable to the individual divisions is $122,200. What is the company's net operating income?