It costs Homer's Manufacturing $ 0.95 to produce baseballs and Homer sells them for $ 4 a piece. Homer pays a sales commission of 5% of sales revenue to his sales staff. Homer also pays $ 14 comma 000 a month rent for his factory and store, and also pays $ 80 comma 000 a month to his staff in addition to the commissions. Homer sold 70 comma 500 baseballs in June. If Homer prepares a contribution margin income statement for the month of June, what would be his contribution margin?
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