Pharoah Company has four operating divisions. During the first quarter of $2025,$ the company reported aggregate income from operations of $$212,200$ and the following divisional results.

$\backslash$table$[[,$Division$],[,$I,II$,$III,IV$,],[$Sales$,$$$247,000,$$$198,000,$$$499,000,$$$448,000,],[$Cost of goods sold,$203,000,192,000,295,000,250,000,],[$Selling and administrative expenses,$69,800,57,000,65,000,48,000,],[$Income $($loss$)$ from operations,$$(25,800{)}_{?},$$$(51,000{)}_{?},$$$139,000,$$$150,000,],[,,,,,]]$

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

$\backslash$table$[[,1,$II$,$III,IV$],[$Cost of goods sold,$71\%,88\%,81\%,76\%$