Crane Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $212,000 and the following divisional results. Division 1 II IV Sales $246,000 $195,000 $498,000 $452,000 Cost of goods sold 198,000 192,000 304,000 247,000 Selling and administrative expenses 77,000 54,000 56,000 51,000 Income (loss) from operations $ (29,000) $(51,000) $138,000 $154,000 Analysis reveals the following percentages of variable costs in each division. II III IV Cost of goods sold 73 % 92 % 77 % 79 % Selling and administrative expenses 41 60 48 62 Prepare an incremental analysis concerning the possible discontinuance of Division I. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net Income Increase (Decrease) Continue Eliminate Contribution margin $ 69890 $ -14040 $ 237040 Fixed costs Cost of goods sold 53460 15360 304000 Selling and administrative 49030 32720 22980 Total fixed expenses 105050 105200 77410 Income (loss) from operations $ -35160 $ 131840 $ 147840 Prepare an incremental analysis concerning the possible discontinuance of Division II. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Net Income Increase (Decrease) Continue Eliminate Contribution margin $ $ $ Fixed costs Cost of goods sold Selling and administrative Total fixed expenses Income (loss) from operations $ $ $