Assume (1) total sales are $300,000, (2) the direct labor cost of $40,000 is 45% of total conversion costs and 20% of total prime costs, (3) the total selling and administrative expense is $62,000, (4) the only variable selling and administrative expense is sales commissions of 8% of sales, (5) all manufacturing overhead costs are fixed costs, and (6) there are no beginning or ending inventories.

What is the total contribution margin?