Goodwin Corporation gathered the following information for the year just ended: Fixed costs: Manufacturing $100,000 Marketing 43,000 Administrative 17,000 Variable costs: Manufacturing $60,000 Marketing 5,200 Administrative 30,000 During the year, the company produced and sold 60,000 units of product at a selling price of $14.22 per unit. There was no beginning inventory of product at the start of the year. What is the contribution margin for the year?