Oriole Manufacturing Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $194,200 and the following divisional results: Division IV Sales $507.900 $416.900 $315.000 $179.400 Cost of goods sold 281.100 241,000 272,400 151,200 Selling and administrative expenses 65,200 73.100 68.200 72,800 Income (loss) from operations $161,600 $102.800 $(25.600) $(44,600) The analysis reveals the following percentages of variable costs in each division: 1 IM IV Cost of goods sold 6896 929 74% 92% 38 Selling and administrative expenses 48 65 70 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 (III and IV). The consensus is that the company should discontinue one or both of these divisions. alculate the contribution margin for divisions III and IV. (Enter negative amounts using either a negative sign preceding the ni 5.-45 or parentheses eg. (45).) Divisions III Divisions IV Contribution margin $ $