Franklin, Inc. has two divisions, Seward and Charles. Following is the income statement for the previous year Sales Variable costs Contribution Margin Fixed Costs Profit Margin Seward $892,800 624,849 $ 267,962 136,650 $131,310 Charles $595,200 476,160 $119,040 136,650 $(17,610) of the total fixed costs, $210,000 are common fixed costs that are allocated equally between the divisions. What would Franklin's profit margin be if Charles were dropped? Multiple Choice o $267,960 o $892,800 o $131,310 o $26,310