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

Sales	$	408,800
Cost of goods sold (all variable)	$	172,100
Total variable selling expense	$	17,400
Total fixed selling expense	$	14,500
Total variable administrative expense	$	7,900
Total fixed administrative expense	$	30,400

The gross margin for October is:

$236,700

$363,900

$211,400

$166,500