Ivanhoe Manufacturing Compary has four operating divisions. During the frst quarter of 2022, the company reported appregate income from ooerations of $172500 and the followitse divisional results: The analras reveaks the tallowirg percentates of variable cests in each diviliogt: 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 parenthesese.g. (45).) Prepare an incremental analysis for the possible discontinuance of (1) division III and (2) division IV. (Round answers to 0 decimal ploces, es. 125. Enter all negotlve amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45). Whitle alternate approoches are possible, irrelevant fixed costs should be included in both options when solving this problem.) (1) Division III (2) Division IV What course of action do you recommend for each division? Prepare a condensed income statement in columns for I vanhoe Manufacturing, assuming division IV is eliminated. Use the CVP format. Division IV's unavoidable fixed costs are allocated equally to the continuing divisions. (Enter loss using either a negative sign preceding the number es -45 or parentheses eg. (45). While alternate approoches are possible, irrelevant fixed costs should be included in both options when solving this problem. Reconcile the total income from operations of $172,500 with the total income from operations without division IV