It costs Homers Manufacturing $0.95 to produce baseballs and Homer sells them for $4 a piece. Homer pays a sales commission of 5% of sales revenue to his sales staff. Homer also pays $13,000 a month rent for his factory and store, and also pays $80,000 a month to his staff in addition to the commissions. Homer sold 69, 500 baseballs in June. If Homer prepares a contribution margin income statement for the month of June, what would be his operating income? A. $278,000 B. $105, 075 C. $291, 075 D. $79, 925