Sarratt Corporation's contribution margin ratio is $77\%$ and its fixed monthly expenses are $$46,000.$ Assume that the company's sales for May are expected to be $$105,000.$

Required:

Estimate the company's net operating income for May, assuming that the fixed monthly expenses do not change.

$1.$ Net operating income?

Hamiel Corporation produces and sells a single product. Data concerning that product appear below:

$\backslash$table$[[,,$Percent of$],[$Selling price,Per Unit,Sales$],[$Variable expenses,$$290,1008],[$Contribution margin,$193,678],[,$$$97,33\%$