Bristin Company has four operating divisions. During the first quarter of 2022, the company reported akaregate income trom operations of $213,000 and the following divisional results. Division TV Sales $250,000 $200,000 5500,000 $450,000 200.000 192.000 300.000 250.000 Cost of goods sold Selling and administrative expenses 75.000 60,000 60,000 50.000 Income foss) from operations $125,000) $152.000) $140,000 $150,000 Analysis reveals the following percentages of variable costs in each division, Analysis reveals the following percentages of variable costs in each division 11 III IV 70 % 90 % 8026 75 % Cost of goods sold Selling and administrative expenses 40 60 50 60 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. Eliminate Prepare an incremental analysis concerning the possible discontinuance of Division II. (Round answers to decimal places, c.9. 1525. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net Income Continue Increase (Decrease) Contribution margin Fixed costs Cost of goods sold Selling and administrative Total foxed expenses Income (loss) from operations