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end balances at dec 31: Sales revenue $3,780,000 Cost of goods sold $1,120,000 Selling and marketing expenses $455,000 Administrative expenses $300,000 Other operating expenses $380,000

end balances at dec 31:

Sales revenue $3,780,000
Cost of goods sold $1,120,000
Selling and marketing expenses $455,000
Administrative expenses $300,000
Other operating expenses $380,000

translate the company's income statement into a contribution margin income statement. She provides the following additional information:

a) 30% of the cost of goods sold are fixed.
b) 50% of the selling and marketing expenses are variable.
c) 25% of the administrative expenses are variable.
d) 80% of the other operating expenses are fixed.

Using the above information produce a contribution margin income statement and answer the following question.

On the contribution margin income statement the total contribution margin would be $___________?

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