Davenport Inc. has two divisions, Howard and Jones. Following is the income statement for the past month Sales Variable Costs Contribution Margin Fixed Costs (allocated) Profit Margin Howard Dones Total $925,200 $616,800 $1,542,000 662,880 555,120 $1,218,000 $262,320 $ 61,680 $ 324,000 234,540 156,360 390,900 $ 27,780 $(94,680) $ (66,900) What would Davenport's profit margin be if the Jones division was dropped? Multiple Choice 566.900 loss ST28 580 locs Multiple Choice $66,900 loss $128,580 loss $27,780 profit $167.640 profit