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1) Jenna's Music Store buys premium keyboards for $500 and sells them for $700. She pays a sales commission of 5% of sales revenue to

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1) Jenna's Music Store buys premium keyboards for $500 and sells them for $700. She pays a sales commission of 5% of sales revenue to her sales staff. Jenna pays $2,000 a month rent for her store, and also pays $2,400 a month to her staff in addition to the commissions. Jenna sold 100 keyboards in June. If Jenna prepares a contribution margin income statement for the month of June, what would be her operating income? (6 points)

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