Brislin Company has four operating divisions. During the first quarter of 2017 the company reported aggregate income from operations of $212,400 and the following divisional results. Division IV $250,000 $199,000 $498,000 $449,000 Sales Cost of goods sold 204,000 191,000 295,000 247,000 Selling and administrative expenses 74,600 63,000 60,000 49,000 ncome (loss) from operations 28r 600 (55,000 $143,000 $153,000 Analysis reveals the following percentages of variable costs in each division Cost of goods sold 72 88 80 76 Selling and administrative expenses 40 60 51 61 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. Compute the contribution margin for Divisions I and II, (Enter negative amounts using either a negative sign ing the number e.g. -45 or parentheses e.g. (45).) Division I Division II Contribution margin Prepare an incremental analysis concerning the possible discontinuance of Division I. (Round answers to o decimal places, e.g. 1525. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net Income Continue Eliminate Increase (Decrease) Contribution margin Fixed costs Cost of goods sold Selling and administrative Total fixed expenses Income (loss) from operations Prepare an incremental analysis concerning the possible discontinuance of Division II. (Round answers to 0 decimal places, e.g. 1525. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e g. (45).) Net Income Continue Eliminate Increase (Decrease) Contribution margin Fixed costs Cost of goods sold Selling and administrative Total fixed expenses Income (loss) from operations What course of action do you reco mmend for each division? Division Division Prepare a columnar condensed income statement for Bri in Company, assuming Division II is eliminated. Division II's unavoidable fixed costs are allocated equally to the continuing divisions. (Round answers to 0 decimal places, e.g. 152 Enter negative amounts using either a negative sign preceding the number e 45 or parentheses e.g. (45).)