Question $6(2$ points$)$

Eric has been producing and selling specialized sports gears for hockey through

Amazon. The variable costs of his "Supreme Hockey Skates" is $$700,$ which he sells

at a $40\%$ markup. This month, he is interested in clearing his inventory of the

Supreme Hockey Skates to make space for a new product he wants to sell. So$,$ he

went on the Amazon website and reduced the price of the Supreme Hockey Skates

by $40\%.$ Before he noticed his mistake, he had already sold $20$ units. What is the

total amount of margin$($ $ $)$ he made from these transactions?

$$2,240$

$-$$$5,600$

$$5,600$

$-$$$2,240$