TB MC Qu. 10-22 (Algo) During its first year of operations, Silverman Company... During its first year of operations, Silverman Company paid $11,360 for direct materials and $11,100 for production workers' wages. Lease payments and utilities on the production facilities amounted to $10,100 while general, selling, and administrative expenses totaled $3,400. The company produced 7.400 units and sold 4.600 units at a price of $6.90 a unit. What is the amount of gross margin for the first year? Nulviple Choice $9.280 512.320