PLEASE HELP

An income statement for Sam's Bookstore for the first quarter of the year is presented below: On average, a book sells for $60. Variable selling expenses are $6 per book with the remaining selling expenses being fixed. The variabie administrative expenses are 5% of sales with the remainder being fixed. The net operating income using the contribution approach for the first quarter is: Multiple Choice $315,000 $216.000 $166,500 $84,000