The income statement for the RUN-40293 company, an atletic shoe retailer, for the first quarter of the year is presented below:

RUN-40293
Income Statement
Sales			$	118,800
Cost of goods sold				41,400
Gross margin				77,400
Selling and administrative expenses
Selling	$	32,800
Administration		19,940		52,740
Net operating income			$	24,660

On average, an athletic shoe sells for $66. Variable selling expenses are $11 per athletic shoe, and the remaining selling expenses are fixed. The variable administrative expenses are 5% of sales with the remainder being fixed.

How much is the total contribution margin for RUN-40293 for the first quarter?