Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (5,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 145,000 69,600 75,400 59,600 $ 15,800 If the company sells 5,300 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost informatior relating to the products follow: expenses are $114,000. Required: Prepare a contribution format income statement segmented by product lines