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Note: When calculating ratios in the middle of a question, carry your values out to a minimum of 4 decimals (Ex. 0.4563 or 45.63%) or

Note: When calculating ratios in the middle of a question, carry your values out to a minimum of 4 decimals (Ex. 0.4563 or 45.63%) or your final answer will be incorrect. A local corporation is a distributor of high-end computer chairs. The budget for the upcoming month includes a sales price of $48 per unit, variable costs of $30 per unit, fixed expenses of $16,608 per month, and a budgeted sales volume of 2,000 units per month. What is the company's margin of safety (in dollars)? Round your final answer to two decimals.

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