Blue Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $194,100 and the following divisional results. Sales Division II III $195,000 $502,000 190,000 302,000 62,000 60,000 $ (57,000) $140,000 $251,000 205,000 75,900 $ (29,900) Cost of goods sold Selling and administrative expenses Income (loss) from operations IV $446,000 251,000 54,000 $141,000 Analysis reveals the following percentages of variable costs in each division. I II Cost of goods sold 68 % 90 % Selling and administrative expenses 3957 III IV 79 % 73 % 4962 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 (I and II). Consensus is that one or both of the divisions should be discontinued. x Your answer is incorrect. Try again. Compute the contribution margin for Divisions I and II. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Division I Division II Contribution margin