Bolka Corporation, a merchandising company, reported the following results for October:

Sales	$	500,000
Cost of goods sold (all variable)	$	170,700
Total variable selling expense	$	24,600
Total fixed selling expense	$	21,500
Total variable administrative expense	$	10,000
Total fixed administrative expense	$	34,900

The gross margin for October is:

Multiple Choice

• $294,700

• $329,300

• $238,300

• $443,600