Canedo inc reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Het operating Incone Average operating assets 19,600,000 7,170,000 2,430,000 1,470,000 $ 960,000 $4,000,000 met the beginning of this year, the company has a $700,000 investment opportunity with the following characteristics Contribution margin ratio Fixed expenses $2,310,000 60% of sales $1,201,200 the company pursues the investment opportunity and otherwise performs the same as fast year, the combined tumover for the entire company will be sest to if the company pursues the investment opportunity and otherwise performs the same as last year, the combined turnover for the entire company wi closest to Multiple Choice 2.04 2.53 c 2.98 17.01