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

Sales revenues, North$726,000Variable expenses, North$421,200Traceable fixed expenses, North$86,800Sales revenues, South$560,400Variable expenses, South$319,700Traceable fixed expenses, South$72,500

In addition, common fixed expenses totaled $196,600 and were allocated as follows: $102,100 to the North business segment and $94,500 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:

• $115,900
• $421,200
• $218,000
• $202,700