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Currently, Gray Corp. has the following income statement: Sales (12,000 units) (Variable Expenses) Contribution Margin (Fixed Expenses) Net Income Operating under these conditions, what

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Currently, Gray Corp. has the following income statement: Sales (12,000 units) (Variable Expenses) Contribution Margin (Fixed Expenses) Net Income Operating under these conditions, what is the Margin of Safety? (Round to the nearest dollar.) OA. $23,077 B. $12,923 C. $6,857 OD. $14,677 $36,000 (12.600) 23,400 (15.000) 8,400

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