Stockmaster Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (8,000 units)$320,000Variable expenses 192,000Contribution margin 128,000Fixed expenses 121,600Net operating income$6,400The margin of safety in dollars is closest to:
A. $128,000
B. $121,600
C. $6,400
D. $16,000
Answer: D
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