he income statement for the RUN-88415 company, an atletic shoe retailer for the first quarter of the year is presented below. RUN-88415 Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses Selling Administration Net operating income $108,800 37,400 71,400 $29, eee 17,352 46.352 $ 25,048 On average, an athletic shoe sells for $64 Variable selling expenses are $10 per athletic shoe, and the remaining seling expenses are fred. The variable administrative expenses are 4% of sales with the remaindet being fired How much is the total contribution margin for RUN-88415 for the first quarter? Multiple Choice 591.800 $87441 shoe sells for $64. Variable selling expenses are $10 pe administrative expenses are 4% of sales with the remainder being fixed. How much is the total contribution margin for RUN-88415 for the first quarter? Multiple Choice O $91,800 $87,448 $104,448 $50,048