Roberds Tech is a for-profit vocational school. The school bases its budgets on two measures of activity (i.e., cost drivers), namely student and course. The school uses the following data in its budgeting: Fixed element per Variable element per Variable element month student per course Revenue $0 $ 198 $0 Faculty wages $ 0 $0 $ 2.900 Course supplies $0 $32 $ 20 Administrative expenses $ 25,500 $7 $32 In March, the school budgeted for 1,710 students and 68 courses. But actual students were 1,610 and actual courses were 71. What is net operating income in the flexible budget? Provide only amount - DO NOT INCLUDE $ sign Example: 100 NOT: $100