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

Sales	$433,000
Cost of goods sold (all variable)	$173,000
Total variable selling expense	$18,000
Total fixed selling expense	$9,900
Total variable administrative expense	$10,000
Total fixed administrative expense	$25,600

The contribution margin for October is:

$369,500

$196,500

$260,000

$232,000