Weisgarber Clinic uses client-visits as its measure of activity. During August, the clinic budgeted for 3,900 client-visits, but its actual level of activity was 3,850 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting for August: 
-The net operating income in the planning budget for August would be closest to:
Definitions:
New Capital
Funds obtained by a company to finance its operations, expansion, or other projects, which can come from debt or equity sources.
Historical Cost
The original monetary value of an asset or transaction, based on the amount paid or the value at the time it was acquired.
Financial Capital Maintenance
A concept in accounting where profit is measured as the increase in financial or monetary capital, ignoring changes in the purchasing power of money.
Net Assets
The total assets of a company minus its total liabilities.
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