Acme Inc. is a merchandise reseller that provided the following information:

	Amount
Number of units sold		13,000
Selling price per unit	$	16
Variable selling expense per unit	$	1
Variable administrative expense per unit	$	2
Total fixed selling expense	$	19,000
Total fixed administrative expense	$	14,000
Beginning merchandise inventory	$	11,000
Ending merchandise inventory	$	22,000
Merchandise purchases	$	87,000

What is the company's gross margin for the period?

Multiple Choice

• $178,000

• $132,000

• $76,000

• $171,000