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During the 1st year operations, Silverman Company paid $15,085 for direct utilities on the production facilities amount of $9200, while general selling and administrative expenses

During the 1st year operations, Silverman Company paid $15,085 for direct utilities on the production facilities amount of $9200, while general selling and administrative expenses totaled $4700. The company produced 6050 units and sold 3700 units at a price of $8.20 per unit. What is the amount of gross margin for the year?

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