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: Division III IV Sales $504,200 $391,400 $311,500 $177,900 Cost of goods sold 281,000 242,400 271,200 154,800 Selling and administrative expenses 66,300 74,600 62,400 71,000 Income (loss) from operations $156,900 $74,400 $(22,100) $(47,900) The analysis reveals the following percentages of variable costs in each division: III IV Cost of goods sold 68% 91% 75% 90% Selling and administrative expenses 40 48 65 70 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. (a) 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).) Divisions III Contribution margin $ $ Divisions IV