The following is the income statement for Daisys Day Care Limited for the month ended March 31, 2020: Daisys Day Care Limited Income Statement Month Ended March 31, 2020

Revenue $ 20,000

Expenses: Food 6,000

Heat and lights 800

Office Supplies 200

Childcare supplies 1,000

Wages 8,000

Total expenses 16,000

Operating income $ 4,000

20% of the childcare supplies and 25% of the wages are fixed while the remaining amounts are variable. 100% of the food expense is variable.

Required: Based on the above information what would the operating income for the month ended March 31, 2020 be if the income statement was prepared using the contribution margin approach?