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 2,500 tenant-days, but its actual level of activity was 2,480 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 Variable element element per per month tenant-day $35.30 Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses $ 2,500 400 8,900 7,800 $19,600 $ 5.90 13.80 3.40 0.40 $23.50 Actual results for February Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses 585,654 $ 16,992 $33,084 $16,682 S 8,732 The net operating income in the flexible budget for February would be closest to: Multiple Choice O $9,900 O $10,083 O $9,664 O $10,246