Ivanhoe Manufacturing Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $172,500 and the following divisional results: Division II IV Sales $507,200 $400,700 $311,500 $179,500 Cost of goods sold 298,800 244,300 271,600 151,800 Selling and administrative expenses 55,600 71,200 61,800 71,300 Income (loss) from operations $152,800 $85,200 $(21,900) $(43,600) The analysis reveals the following percentages of variable costs in each division: IV Cost of goods sold 70% 89% 74% 91% Selling and administrative expenses 42 48 65 70 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 (III and IV). The consensus is that the company should discontinue one or both of these divisions. Calculate the contribution margin for divisions III and IV. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Contribution margin $ Divisions III Divisions IV