44. Jackson Company is trying to determine the optimal price to charge for its PUNCH model. Jackson has fixed costs of $50,000 and the PUNCH has variable costs of $12.00 per unit. Jackson has determined that the following relationships exist between price and demand:

Price Demand

$20 6,875

$19 8,800

$18 10,000

$17 11,000

What is the contribution margin for a price of $20?

A. $12.00

B. $10.00

C. $8.00

D. $6.00