Question 19 (of 45) Save & Exit Submit Time remalning: 0:44:50 19. Clay Inc. has two divisions, Myrtle and Laurel. Following is the income statement for the previous year Myrtle Laurel Total s 562.500 $338,900 $901,400 Sales Variable Costs Contribution Margin Fxed Costs (allocated) Profit Margin 178.900 176700 355,600 383,600 162.200 545,800 287175 173 225 460,400 96.425 $ (11025) S 85400 What would Clay's profit margin be if the Lourel division was dropped and all fixed costs are unavoidable? O $76.800 loss O $96,425 profit O $383600 proft O $85.400 profit I T N E Print ScSerollPause