Required information The following information applies to the questions displayed below.) Adger Corporation is a service company that measures its output based on the number of customers served. The company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown below: Fixed Element Variable Element per per Customer Month Served $ 6,100 $ 68,000 $ 1,500 $ 600 $ 47,000 Revenue Employee salaries and wages Travel expenses Other expenses Actual Total for May $ 223,500 $ 126,000 $ 20,400 $ 44,300 When preparing its planning budget the company estimated that it would serve 35 customers per month; however, during May the company actually served 40 customers. 5. What net operating income would appear in Adger's flexible budget for May? Net operating Income