I would like to get answers the questions below

Sheridan Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $181,600 and the following divisional results. Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations 1 $250,000 200,000 70,400 $ (20,400) Division II III $198,000 $499,000 195,000 305,000 63,000 65,000 $ (60,000) $129,000 IV $443,000 255,000 55,000 $133,000 Analysis reveals the following percentages of variable costs in each division. | IV Cost of goods sold Selling and administrative expenses 66 % 38 88 % 57 81 % 52 76 % 60 Discontinuance of any division would save 50% of the fixed costs and expenses for that division. Top management is very concerned about the unprofitable divisions (I and II). Consensus is that one or both of the divisions should be discontinued. (a) Your answer is correct. Compute the contribution margin for Divisions I and II. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Division Division II Contribution margin $ 91,248 $ (9,510) Prepare an incremental analysis concerning the possible discontinuance of Division I. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net Income Increase (Decrease) Continue Eliminate $ 91,248 $ i $ -91,248 68,000 i 34,000 i 34,000 Contribution margin Fixed costs Cost of goods sold Selling and administrative Total fixed expenses Income (loss) from operations 43,648 $ $