Use the following to answer questions 4-5: 

The following information has been provided by the Evans Retail Stores, Inc., for the first quarter of the year: 

Sales $350,000 

Variable selling expense 35,000 

Fixed selling expenses 25,000 

Cost of goods sold (variable) 160,000 

Fixed administrative expenses 55,000 

Variable administrative expenses 15,000 

4. The gross margin of Evans Retail Stores, Inc. for the first quarter is: 

A) $210,000. 

B) $140,000. 

C) $220,000. 

D) $190,000.

5. The contribution margin of Evans Retail Stores, Inc. for the first quarter is: 

A) $300,000. 

B) $140,000. 

C) $210,000. 

D) $190,000.