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Schrute Farm Sales buys portable generators for $480 and sells them for $720 He pays a sales commission of 5% of sales revenue to his

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Schrute Farm Sales buys portable generators for $480 and sells them for $720 He pays a sales commission of 5% of sales revenue to his saies staff. Mr. Schrute pays $5,000 a month rent for his store, and also pays $1,900 a month to his staff in addition to the commissions. Mr. Schrute sold 700 generators in June. If Mr. Schrute prepares a contribution margin income statement for the month of June, what would be his operating income? A. $149,700 B. $361,200 C. $504,000 D. $135,900

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