Clay Inc. has two divisions, Myrtle and Laurel. Following is the income statement for the previous year:

Total Myrtle Laurel $ 561,000 $ 898,200 $337,200 Sales Variable Costs 177,300 174,900 352,200 162,300 546,000 Contribution Marglin Fixed Costs (allocated) 383,700 285,175 171,725 456,900 $ 98,525 (9,425) $ 89,100 Profit Margin What would Clay's profit margin be if the Laurel division was dropped and all fixed costs are unavoidable? $98,525 profit $89,100 profit $383,700 profit $73,200 loss