The income statement for the RUN-69066 company, an atletic shoe retailer, for the first quarter of the year is presented below: RUN-69066 Income Statement Sales $ 108,800 Cost of goods sold 37,400 Gross margin 71,400 Selling and administrative expenses Selling $ 29,000 Administration 17,352 46,352 Net operating income $ 25,048 On average, an athletic shoe sells for $64. Variable selling expenses are $10 per athletic shoe, and the remaining selling expenses are fixed. The variable administrative expenses are 4% of sales with the remainder being fixed. How much is the total contribution margin for RUN-69066 for the first quarter?