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 3,100 tenant-days, but its actual level of activity was 3,080 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		-		$	29.60
Wages and salaries	$	2,100		$	5.60
Food and supplies		300			10.40
Facility expenses		7,100			2.60
Administrative expenses		6,900			0.20
Total expenses	$	16,400		$	18.80

Actual results for February:

Revenue	$	106,630
Wages and salaries	$	23,410
Food and supplies	$	36,781
Facility expenses	$	19,160
Administrative expenses	$	9,122

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