You sold 110 computer desks in Feb, if you prepare a contribution margin income statement for the month of Feb, what was the contribution margin ratio

As a budding entrepreneur and financially independent BSU graduate:), you have multiple streams of income from multiple sources. One of your companies, (Your company Name Here:)], buys computer desks for $500 and sells them for $700. You pay a sales commission of 5% of sales revenue to your sales staff. You pay Carter, Jenjen \& Jahdah \$2,000 per month rent for their cleverly designed storefront, and you also pay $2,400 per month in salaries to your stalf in addition to the commissions. You sold 110 computer desks in February. if you prepare a contribution marsin income statement for the month of February, what was the contribution margin ratio for your company? 24,2% 23.6% 17,9% 76.4%