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 $562,300 178,600 383,700 286,875 $ 96,825 Laurel Total $338,600 $900,900 176,400 355,000 162,200 545,900 173,025 $(10,825) $ 86,000 What would Clay's profit margin be if the Laurel division was dropped and all fixed costs are unavoidable? Multiple Choice o $96,825 profit o $383,700 profit