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

Sales (4,900 units)	$	161,700
Variable expenses		92,169
Contribution margin		69,531
Fixed expenses		50,800
Net operating income	$	18,731

If the company sells 5,100 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

Garrison 16e Rechecks 2018-06-19

Multiple Choice

• $69,531

• $72,369

• $80,800

• $19,496