CARLO company purchases battery powered bikes from a manufacturer for $1,503 per unit and then sells them to its customers for $2,500 each. The companys monthly selling and administrative costs are the following:

Costs	Cost Formula
Selling:
Advertising	$ 957	per month
Sales salaries and commissions	$ 4,827	per month, plus 6% of sales
Delivery of bikes to customers	$ 62	per unit sold
Utilities	$ 634	per month
Depreciation of sales facilities	$ 4,940	per month
Administrative:
Executive salaries	$ 13,550	per month
Insurance	$ 681	per month
Clerical	$ 2,525	per month, plus $35 per unit sold
Depreciation of office equipment	$ 898	per month

Last month CARLO sold 58 units. How much was the company's total contribution margin for the month?

multiple choice

$ 57,826

$ 87,174

$ 43,500

$ 101,500