SixthZ prepared the following contribution margin income statement based on a sales volume of 1,100 cornhole board sets:

Sales	$104,500
Less: Variable Expenses	$62,000
Contribution Margin	$42,500
Less: Fixed Expenses	$35,000
Net Operating Income	$7,500

Calculate the margin of safety.

Group of answer choices

$103,400

$21,375

$97,000

$18,441