Blossom Manufacturing Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $185,000 and the following divisional results: Division I II III IV Sales $500,000 $390,000 $305,000 $175,000 280,000 240,000 265,000 150,000 Cost of goods sold Selling and administrative expenses Income (loss) from operations 50,000 70,000 60,000 70,000 $170,000 $80,000 $(20,000) $(45,000) The analysis reveals the following percentages of variable costs in each division: 1 II III IV 68% 88% 74% 90% Cost of goods sold Selling and administrative expenses 38 48 65 70 Discontinuance of any division would save 50% of the fixed costs and expenses for that division. Top management is very concerned about the unprofitable divisions (III and IV). The consensus is that the company should discontinue one or both of these divisions. Calculate the contribution margin for divisions III and IV. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Divisions III Divisions IV Contribution margin $ $