A company's contribution format income statement for last month is given below: $1,170,000 Sales (45,000 units x $26 per unit) Variable expenses Contribution margin Fixed expenses Net operating income 819,000 351,000 280,800 70,200 $ The company considers renovating its operations by purchasing a new machine that would reduce variable expenses by $7.80 per unit. However, fixed expenses would increase to a total of $631,800 each month. Using the new machine would not cause a change in monthly sales quantity or price per unit. What would the company's margin of safety in dollars be if it purchases and uses the new machine? Multiple Choice O $936,000 $234,000 $117,000 $1,053,000