Tesla has been successful with its model M1, but is planning to expand its line of products with a new Model J1. Tesla sells the M1 for $70,000 each, with variable costs totaling $42,626 per car. Tesla will price the J1 at $75,000 with variable costs of $57,043 per car. Research among dealers suggests a cannibalization rate of 50% for the J1. Calculate weighted contribution margin for the new J1. Rounding: penny