Paulis 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 February, the kennel budgeted for 3,600 tenant-days, but its actual level of activity was 3,580 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for February Data used in budgeting: Fixed element per month Variable element per tenant-day $30.10 Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses $ 2,600 800 7,600 7,400 $ 18,400 $ 6.10 10.90 3.10 0.10 $20.20 Actual results for February Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses $107,380 $ 23,460 $ 36,786 $ 19,210 $ 9,132 The net operating income in the planning budget for February would be closest to: Multiple Choice O $17.240 $18.698 o $17,042 $18.792