A lоcаl kennel uses tenаnt-dаys as its measure оf activity; an animal hоused in the kennel for one day is counted as one tenant-day. During February, the kennel budgeted for 3,400 tenant-days, but its actual level of activity was 3,380 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for August:Data used in budgeting: Fixed element per monthVariable element per tenant-day Revenue$ 0$ 29.90 Wages and salaries$ 2,400$ 5.90 Food and supplies60010.70 Facility expenses7,4002.90 Administrative expenses7,2000.50 Total expenses$ 17,600$ 20.00 Actual results for August: Revenue$ 107,180 Wages and salaries$ 23,440 Food and supplies$ 36,784 Facility expenses$ 19,190 Administrative expenses$ 9,128The net operating income in the flexible budget for the month would be closest to: