Arbor Company had the following transactions in June: Bought portable generators for $500 each Sold 200 generators in June for $800 each Paid a sales commission of 5% of sales revenue Paid $2,000 per month rent for the store Paid $1,800 a month to the sales staff in addition to commissions If Arbor prepares a contribution margin income statement for the month of June, what would be the contribution margin? O a. $52,000 O b. $268,000 O c. $160,000 O d. $108,000

Arbor Company had the following transactions in June: - Bought portable generators for $500 each - Sold 200 generators in June for $800 each - Paid a sales commission of 5% of sales revenue - Paid $2,000 per month rent for the store - Paid $1,800 a month to the sales staff in addition to commissions If Arbor prepares a contribution margin income statement for the month of June, what would be the contribution margin? a. $52,000 b. $268,000 c. $160,000 d. $108,000