Data for January for Bondi Corporation and its two major business segments, North and South, appear below:

Sales revenues, North	$	719,000
Variable expenses, North	$	417,300
Traceable fixed expenses, North	$	86,100
Sales revenues, South	$	555,800
Variable expenses, South	$	317,200
Traceable fixed expenses, South	$	72,000

In addition, common fixed expenses totaled $195,200 and were allocated as follows: $101,400 to the North business segment and $93,800 to the South business segment.

A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is:

Multiple Choice

• $114,200

• $417,300

• $215,600

• $200,300