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Tom and Jerry have a boarding kennel. They use tenant-days as it's measure of activity: an animal housed in the kennel is counted as one tenant-day. During January, the kennel budgeted 2,100 tenant-days, but it's actual level of activity was 2,500 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and it's actually results for January.

Data used in budgeting: Fixed Element per Variable Element month per Tenant-Day Revenue $30.00 Wages and salaries $2,000 $10.00 Food and supplies $500 8.00 Utilities $200 3.00 Other expenses $8,000 1.00 Total expenses $10,700 $22.00 Actual results for January: Revenue $63,606 Wages and salaries $17,282 Food and supplies $18,346 Facility expenses $14,432 Administrative expenses $7,408 The net operating income in the flexible budget for January would be closest to: O $9,300 $20,000 $5,952 $5,000