A company's contribution format income statement for last month is given below:

Sales (45,000 units $21 per unit)$945,000Variable expenses661,500Contribution margin283,500Fixed expenses226,800Net operating income$56,700

The company considers renovating its operations by purchasing a new machine that would reduce variable expenses by $6.30 per unit. However, fixed expenses would increase to a total of $510,300 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?