Keystone Company has 2 divisions, A and B. Assume the following data for the two divisions for March:

Division A Division B

Sales $40,000 $85,000

Variable Expense

as a % of Sales 60% 80%

Divisional Margin $5,000 $12,500

If the total net operating Income for the Company was $9,000, then the total fixed expenses were:

$8,500

$24,000

$15,500

$17,500