1. 1.50 points MC Qu. 63 The following income statements are provided... The following income statements are provided for Li Company's last two years of operation 2011 2012 Number of units produced and sold Sales revenue Cost of 4,000 60,000 39.200) 3,500 52,500 sold Gross mar General, se 20,800 1,500 7.300 Net income $9,300 $6,800 Assuming that cost behavior did not change over the two year period, what is Li Company's contribution margin in 20127 O $17,500 O $38.500 O $21000 $17,000