Martinez Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $212,400 and the following divisional results. Division IV Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations $250,000 $199,000 $498,000 $449,000 191,000 295,000 247,000 49,000 $ (28,600) $(55,000) $143,000 $153,000 204,000 74,600 63,000 60,000 Analysis reveals the following percentages of variable costs in each division IV 76% 61 Cost of goods sold 72 % 88% 80 % Selling and administrative expenses 40 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 60 51 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 I Division II Contribution margin