Sand Inc., a company that produces and sells a single product, has provided its contribution format income statement for January.

Sales (4,300 units)	$	94,600
Variable expenses		47,300
Contribution margin		47,300
Fixed expenses		35,000
Net operating income	$	12,300

If the company sells 4,900 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

Brewer 8e Rechecks 2018-06-19

Multiple Choice

$71,000

$47,300

$53,900

$14,016