Novak Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $200,300 and the following divisional results.

DivisionIIIIIIIVSales$253,000$198,000$495,000$447,000Cost of goods sold198,000190,000303,000254,000Selling and administrative expenses74,70065,00056,00052,000Income (loss) from operations$ (19,700)$ (57,000)$136,000$141,000

Analysis reveals the following percentages of variable costs in each division.

IIIIIIIVCost of goods sold68%90%79%75%Selling and administrative expenses37604961

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.

Compute the contribution margin for Divisions I and II.

Division IDivision IIContribution margin$

$