Arlington Clothing, Inc., shows the following information for its two divisions for year 1.

	Lake Region			Coastal Region
Sales revenue	$	4,020,000		$	12,930,000
Cost of sales		2,621,300			6,465,000
Allocated corporate overhead		241,200			775,800
Other general and administration		539,900			3,741,000

Required:

b-1. What are the gross margin and operating margin percentages for both divisions?

	Lake Region		Coastal Region
Gross margin percentage		%		%
Operating margin		%		%