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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?

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 sales10%

?Find the excess amount of operating income over required minimum

a.$1,500

b. $2,500

c. $4,500

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