Clay Inc. has two divisions, Myrtle and Laurel. Following is the income statement for the previous year Sales Variable costs Contribution Margin Fixed Costs (allocated) Profit Margin Myrtle Laurel Total $561,700 $337,900 $899,600 178,000 175,600 353,600 383,700 162,300 546,000 286,075 172,525 458, 600 $ 97,625 $(10,225) $ 87,400 What would Clay's profit margin be if the Laurel division was dropped and all fixed costs are unavoidable? Multiple Choice $97,625 profit $87.400 profit