Saved The following income statement is provided for Ramirez Company for the current year: $ 50,000 (20,000) Sales revenue (2,500 units * $20.00 per unit) Cost of goods sold (variable; 2,500 units x $8.00 per unit) Cost of goods sold (fixed) Gross margin Administrative salaries Depreciation Supplies (2,500 units * $2.00 per unit) Net income (4,000) 26,000 (6,000) (4,000) (5,000) s 11,000 What amount was the company's contribution margin? Multiple Choice $25,000 $11000 $26.000 $30.000