ABC Company operates three divisions, X, Y, and Z. The following information is available for the most recent month: ABC Company: Segment margin ............. $200,000 Contribution margin ........ 40% of sales Division X: Sales revenue .............. $790,000 Contribution margin ........ $260,000 Segment margin ............. $ 30,000 Division Y: Sales revenue .............. $323,000 Contribution margin ........ 25% of sales Division Z: Sales revenue .............. $200,000 Traceable fixed costs ...... $ 29,000 Calculate the segment margin reported by Division Z during the most recent month.