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

	Myrtle			Laurel				Total
Sales	$	562,300		$	338,600			$	900,900
Variable Costs		178,600			176,400				355,000
Contribution Margin		383,700			162,200				545,900
Fixed Costs (allocated)		286,875			173,025				459,900
Profit Margin	$	96,825		$	(10,825	)		$	86,000

What would Clays profit margin be if the Laurel division was dropped and all fixed costs are unavoidable?