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that's the whole question. I don't know what you're talking about

An income statement for Sam's Bookstore for the first quarter of the year is presented below: Sam's Bookstore Income Statement For Quarter Ended March 31 Sales Cost of goods sold Gross margin Selling and administrative expenses Selling $ 102,000 Administrative 108,000 Net operating income $ 900,000 640,000 260,000 210,000 $ 50,000 On average, a book sells for $60. Variable selling expenses are $5 per book with the remaining selling expenses being fixed. The variable administrative expenses are 4% of sales with the remainder being fixed. The contribution margin for Sam's Bookstore for the first quarter is: Multiple Choice $185.000 $751.000 ( ) $789.000 ( ) O $149.000