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Parker Company has provided the following data for the most recent year: net operating income, $34,000; fixed expense, $86,000; sales, $160,000; and CM ratio, 75%.

Parker Company has provided the following data for the most recent year: net operating income, $34,000; fixed expense, $86,000; sales, $160,000; and CM ratio, 75%. What is the companys total contribution margin?

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