Calculate total contribution margin in this problemnote i, Financial Management

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Calculate total contribution margin in this problemnote i

Calculate total contribution margin in this problem.Note: I am looking for total contribution margin, not contribution margin per unit.You are given the following information:

Revenue is $20 per unit

Variable costs are $10 per unit

Fixed costs are $1,000

The company sold 100 units

Total Contribution Margin = _______?

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