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

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

Multiple Choice

• $115,900

• $421,200

• $218,000

• $202,700