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 4,000 tenant-days, but its actual level of activity was 3,980 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		-		$	30.50
Wages and salaries	$	3,000		$	6.50
Food and supplies		400			11.30
Facility expenses		8,000			3.50
Administrative expenses		7,800			0.50
Total expenses	$	19,200		$	21.80

Actual results for February:

Revenue	$	107,780
Wages and salaries	$	23,500
Food and supplies	$	36,790
Facility expenses	$	19,250
Administrative expenses	$	9,140

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