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Question 3 2.5 pts Stanley's Bicycles store buys bicycles on average for $610 and sells them on average for $780. He pays a sales commission

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Question 3 2.5 pts Stanley's Bicycles store buys bicycles on average for $610 and sells them on average for $780. He pays a sales commission of 15% of sales revenue to his sales staff, Stanley pays $1400 a month rent for his store, and also pays $4000 a month to his staff in addition to the commissions. Stanley sold 130 bicycles in June. If Stanley prepares a contribution margin income statement for the month of June, what would be his contribution margin? $86,190 O $101,400 $15,210 $6890

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