Cherokee Inc. is a merchandiser that provided the following information:

		Amount
Number of units sold		12,000
Selling price per unit	$	17
Variable selling expense per unit	$	1
Variable administrative expense per unit	$	3
Total fixed selling expense	$	21,000
Total fixed administrative expense	$	16,000
Cost of Goods sold (variable expense)	$	75,000

A. What is the Sales Revenue

B. What is the Total Variable Expense

C. What is the Contribution Margin

D. What is the total Fixed Expense

E. What is the Net Operating Income