Hamilton, Inc. has two divisions, Parker and Blaine. Following is the income statement for the previous year:

	Parker			Blaine
Sales	$	794,400		$	529,600
Variable Costs		529,320			423,680
Contribution Margin	$	265,080		$	105,920
Fixed Costs		177,600			177,600
Profit Margin	$	87,480		$	(71,680	)

Of the total fixed costs, $350,000 are common fixed costs that are allocated equally between the divisions. What is Parker's segment margin?

• $87,480

• $265,080

• $262,480

• $794,400