Sandhill Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $216,600 and the following divisional results.

		Division
		I		II		III		IV
Sales		$250,000		$198,000		$499,000		$447,000
Cost of goods sold		195,000		195,000		298,000		250,000
Selling and administrative expenses		70,400		63,000		57,000		49,000
Income (loss) from operations		$ (15,400)		$ (60,000)		$144,000		$148,000

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

		I			II			III			IV
Cost of goods sold		74	%		92	%		78	%		73	%
Selling and administrative expenses		37			57			51			59

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.

Prepare an incremental analysis concerning the possible discontinuance of Division I. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

		Continue		Eliminate		Net Income Increase (Decrease)
Contribution margin		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Fixed costs
Cost of goods sold		enter a dollar amount		enter a dollar amount		enter a dollar amount
Selling and administrative		enter a dollar amount		enter a dollar amount		enter a dollar amount
Total fixed expenses		enter a total dollar amount for the previous two amounts		enter a total dollar amount for the previous two amounts		enter a total dollar amount for the previous two amounts
Income (loss) from operations		$enter income or loss from operations amouont in dollar		$enter income or loss from operations amouont in dollar		$enter income or loss from operations amouont in dollar