The following income statement is provided for Ramirez Company for the current year: 06 Sales revenue (2,000 units * $19.50 per unit) Cost of goods sold (variable; 2,000 units * $7.50 per unit) Cost of goods sold (fixed) Gross margin Administrative salaries Depreciation Supplies (2,000 units x $1.50 per unit) Net income $ 39,000 (15,000) (3,500) 20,500 (5,500) (3,500) (3,000) $ 8,500 What amount was the company's contribution margin? 10lutiple o $24,000 o $20,500 o $8,500 o $21,000 Prey 7 of 10 Next >