ABC Company estimates the following data for the coming month

Total variable costs

?$??? 35,000.00

Income tax rate

25%

Contribution margin percentage

40%

Estimated monthly operating? fixed costs

$16,000.00

Required minimum net income as percentage of total sales

10%

?Find the estimated operating income for the coming month.

a) $1,500.00

b) $2,500.00

c) $4,500.00

d) $7,333.33