Crane Manufacturing Company has four operating divisions. During the first quarter of $2022,$ the company reported aggregate

income from operations of $$161,300$ and the following divisional results:

The analysis reveals the following percentages of variable costs in each division:

Discontinuance of any division would save $50\%$ of the fixed costs and expenses for that division.

Top management is very concerned about the unprofitable divisions $($III and IV$).$ The consensus is that the company should discontinue

one or both of these divisions.

Calculate the contribution margin for divisions III and IV$.($Enter negative amounts using either a negative sign preceding the number

e$.$g$.-45$ or parentheses e$.$g$.(45).)$Prepare an incremental analysis for the possible discontinuance of $(1)$ division III and $(2)$ division IV$.($Round answers to $0$ decimal

places, e$.$g$.125.$ Enter all negative amounts using either a negative sign preceding the number e$.$g$.-45$ or parentheses e$.$g$.(45).$ While

alternate approaches are possible, irrelevant fixed costs should be included in both options when solving this problem.$)$

$(1)$ Division III

$(2)$ Division IV