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Potted Plants, a manufacturer of indoor gardening equipment, has presented the following budgetary and actual information about their latest product innovation, the Total Home Control

Potted Plants, a manufacturer of indoor gardening equipment, has presented the following budgetary and actual information about their latest product innovation, the Total Home Control system. It's a complete package that allows aspiring gardeners in northern climates to grow small vegetable gardens in basements on a year round basis.

Planning Budget Actual Results
Quantity 1835 1762
Sales $157287 $183013
Materials - Variable 27781 25735
Labor - Variable 34626 34374
Labor - Fixed 26537 26808
Overhead - Variable 18675 19706
Overhead - Fixed 8591 10169
Delivery - Variable 8861 8894
Rent - Fixed 2416 2416
Depreciation - Fixed $6363 $6363

What is the projected net income from the flexible budget for the period? Your answer should be to the nearest whole dollar.

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