20 (2 points) Stallard Corporation gathered the following information for the year just ended: Fixed costs: Manufacturing Marketing $120,000 37,000 Administrative 22,000 Variable costs: Manufacturing $35,000 Marketing Administrative 6000 34,000 During the year, Stallard produced and sold 70,000 units of product at a selling price of $4.60 per unit. There was no beginning inventory of product at the start of the year. What is the contribution margin for the year? $322,000 $68,000 $143,000 $247,000