Data for January for Bondi Corporation and its two major business segments, North and South, appear below: Sales revenues, North Variable expenses, North Traceable fixed expenses, North Sales revenues, South Variable expenses, South Traceable fixed expenses, South $548,000 $318,000 $ 65,600 $423,500 $241,700 $ 54,800 In addition, common fixed expenses totaled $148,600 and were allocated as follows: $77,200 to the North business segment and $71,400 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