Question 7 of 14 < 0/0.5 E Oriole Corporation provided the following segment margin income statement for two of its divisions: East and West. East West Total Revenue $ 556,000 $ 550,000 $ 1,106,000 Variable expenses Product 386,000 276,000 662,000 Selling and administrative 96,000 104,000 200,000 Contribution margin 74,000 170,000 244,000 Less traceable fixed costs 36,000 56,000 92,000 Segment margin 38,000 $ 114,000 152,000 Common fixed costs 162,000 Net operating income $ (10,000 Oriole actual weighted average cost of capital is 10% and its tax rate is 30%. The East division balance sheet showed $316,000 of assets ($75,000 current and $241.000 long-term) and $336,000 of liabilities ($134,000 current and $202,000 long-term). The West division reported $376,000 of assets ($95,000 current and $281.000 long-term) and $276,000 of liabilities ($76,000 current and $200,000 long-term).