QuestionQuestion Y (2 points) For the last year, Herlo Inc. has been selling their special starter Surfer Kit for $\$ 500.00$, providing the store with a $40 \%$ contribution margin. This month, Herlo Inc. decided to have a special sales event. During this special sales event, Herlo will be selling the Surfer Kit for $\$ 400.00$. Assuming that their variable costs remain the same, what is Herlo's contribution margin (\%) during the special sales event? 40\% 35\% 50\% 25\%