Question: A corporation's contribution margin ration is 71% and its fixed monthly expenses are $51,000. Assume that the company's sales for November are expected to be

A corporation's contribution margin ration is 71% and its fixed monthly expenses are $51,000. Assume that the company's sales for November are expected to be $110,000. Estimate the company's net operating income for September, assuming that the fixed monthly expenses do not change.

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