Mountie Goods has two major business segments--Up and Down. In December, the Up business segment had sales revenues of $700,000, variable expenses of $352,000, and traceable fixed expenses of $105,000. During the same month, the Down business segment had sales revenues of $140,000, variable expenses of $56,000, and traceable fixed expenses of $24,000. The common fixed expenses totaled $162,000 and were allocated as follows: $89,000 to the Up business segment and $73,000 to the Down business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the Up business segment is:

Group of answer choices

$243,000

$154,000

$352,000

$348,000