Pauls Kennel uses tenant-days os its measure of activity, on animal housed in the kennel for one day is counted as one tenant-day. During February the kennel budgeted for 4.400 tenant-days, but its actual level of activity was 4,380 tenant-days. The kennel has provided the following data concerning the formules used in its budgeting and its actual results for February Data used in budgeting Fixed Variable element element per per month tenant-day Revenue $30.90 Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses $ 3,400 800 8,400 8,200 $20,800 $ 6.90 11.70 3.90 0.30 $22.80 Actual results for February: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses $108, 180 $ 23,540 $ 36,794 $ 19, 290 $ 9,148 The net operating income in the planning budget for February would be closest to: Multiple Choice $14,840 O $14.678 O $19.408 O $19,314