Kimmel, Accounting, 6e NEXT Problem 20-5A (Part Level Submission) Brislin Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $218,700 and the following divisional results Division IV Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations $253,000$195,000 $501,000 $447,000 197,000194,000296,000 250,000 62,000 61,000 48,000 s (13,300) (61,000) 144,000 $149,000 69,300 Analysis reveals the following percentages of variable costs in each division. III IV 72 % 79% 76% Cost of goods sold Selling and administrative expenses 40575259 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 89 % should be discontinued