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Clay Earth Company sells ceramic pottery at a wholesale price of $ 7 . 0 0 per unit. The variable cost of manufacturing is $

Clay Earth Company sells ceramic pottery at a wholesale price of $7.00 per unit. The variable cost of manufacturing is $1.75 per unit. The fixed costs are $5,500 per month. It sold 4,700 units during this month. Calculate Clay Earth's operating income (loss) for this month.
A. $(19,175)
B. $(5,500)
C. $19,175
D. $27,400
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