The accounting records for Halcyon Company included the following cost information relating to its first year of operations Direct materials Direct labor Fixed manufacturing overhead $43,000 Variable manufacturing overhead$17,000 $26,500 $47,000 Assume the company produced 10,000 units of inventory and sold 6,700 of these units during the year for $111,890. Under variable costing, what is the contribution margin for the year? Show work