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

Sales revenues, North	$	660,000
Variable expenses, North	$	383,000
Traceable fixed expenses, North	$	79,000
Sales revenues, South	$	510,000
Variable expenses, South	$	291,000
Traceable fixed expenses, South	$	66,000

In addition, common fixed expenses totaled $179,000 and were allocated as follows: $93,000 to the North business segment and $86,000 to the South business segment.

The contribution margin of the South business segment is: