Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November.

Sales (7,800 units)	$	413,400
Variable expenses		257,400
Contribution margin		156,000
Fixed expenses		103,500
Net operating income	$	52,500

If the company sells 7,700 units, its net operating income should be closest to: (Do not round intermediate calculations.)

Multiple Choice

• $51,979

• $50,500

• $52,500

• $48,000