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

Sales revenues, North	$ 587,000
Variable expenses, North	$ 340,600
Traceable fixed expenses, North	$ 70,200
Sales revenues, South	$ 453,200
Variable expenses, South	$ 258,600
Traceable fixed expenses, South	$ 58,600

In addition, common fixed expenses totaled $158,900 and were allocated as follows: $82,500 to the North business segment and $76,400 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