16 Hamilton, Inc. has two divisions, Parker and Blaine. Following is the income statement for the previous year: 0118:24 Sales Variable Costs Contribution Margin Fixed Costs Profit Margin Parker Blaine: $720,500 $720,500 489,600 576,400 $230,900 $144,100 160,500 160,500 $ 70,400 $(16,400) Of the total fixed costs, $320,000 are common fixed costs that are allocated equally between the divisions. What would Hamilton's profit margin be if Blaine were dropped? Multiple Choice $89,600 $89.600)