The following income statement is provided for Ramirez Company for the current year sales revenue (3,300 units $20.80 per unit) Cost of goods sold (variable; 3,300 units x $8.80 per unit) (29,040) $68,640 (4,800) Cost of goods sold (fixed) Gross margin 34,800 (6,800) (4,800) (9,240) Administrative salaries Depreciation Supplies (3,300 units $2.80 per unit) $ 13,960 Net income What amount was the company's contribution margin? Multiple Choice $30,360 $13,960