The income statement for the RUN-87848 company, an atletic shoe retailer, for the first quarter of the year is presented below: RUN-87848 Income Statement $ 162,800 59,400 103,400 Sales Cost of goods sold Gross margin Selling and administrative expenses Selling Administration Net operating income $50,000 21,256 71,256 $ 32,144 On average, an athletic shoe sells for $74. Variable selling expenses are $15 per athletic shoe, and the remaining selling expenses are fixed. The variable administrative expenses are 2% of sales with the remainder being fixed. How much is the total contribution margin for RUN-87848 for the first quarter