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 4,500 tenant-days, but its actual level of activity was 4,480 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 element per month	Variable element per tenant-day
Revenue	$ 0	$ 31.00
Wages and salaries	$ 3,500	$ 7.00
Food and supplies	900	11.80
Facility expenses	8,500	4.00
Administrative expenses	8,300	0.40
Total expenses	$ 21,200	$ 23.20

Actual results for February:

Revenue	$ 108,280
Wages and salaries	$ 23,550
Food and supplies	$ 36,795
Facility expenses	$ 19,300
Administrative expenses	$ 9,150

The net operating income in the flexible budget for February would be closest to: