During its most recent fiscal year, Dover, Inc. had total sales of $3,200,000. Contribution margin amounted to $1,500,000 and pretax income was $400,000. What amount should have been reported as fixed costs in the company's contribution margin income statement for the year?
A. $1,300,000.
B. $1,900,000.
C. $1,700,000.
D. $2,800,000.
E. $1,100,000.
Answer: E
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