Using the information below, what would operating income be for the flexible budget?

ABC Company Income Statement Performance Report For the Month Ended January 31 Sales volume (number of units) Sales Revenue ($25 per case) Variable Expenses: Cost of Goods Sold (515 per unit sold) Shipping Expense (5200 per unit sold) Contribution Margin Less Fixed Expenses Salaries Office Rent Depreciation Operating Income Flexible Budget or Actual Actual Results at Number of Actual Output Master Prices Units Budget 40,000 30,000 1,250,000 750,000 615,000 450,000 75,000 60,000 560,000 - 240,000 25,000 20,000 5,000 4,000 6,000 6,000 524,000 - 210,000