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

Sales (8,000 units)	$ 440,000
Variable expenses	280,000
Contribution margin	160,000
Fixed expenses	103,500
Net operating income	$ 56,500

If the company sells 7,900 units, its net operating income should be closest to: (Do not round intermediate calculations.)

Multiple Choice

$56,500

$52,000

$55,979

$54,500