Question 22: Gunderman Corporation has two divisions: the Alpha Division and the Charlie Division. The Alpha Division has sales of $320,000, variable expenses of $158,100, and traceable fixed expenses of $72,300. The Charlie Division has sales of $630,000, variable expenses of $343,800, and traceable fixed expenses of $135,100. The total amount of common fixed expenses not traceable to the individual divisions is $137,200. What is the company's net operating income?