The Cook Corporation has two divisions$-$North and South. The divisions have the following

revenues and expenses:

The management of Cook is considering the elimination of the South Division. If the South

Division were eliminated, its traceable fixed costs could be avoided. Total common corporate costs

would be unaffected by this decision. Given these data, the elimination of the South Division would

result in an overall company net operating income $($loss$)$ of:

a$.$ $$55,000$

b$.$ $$70,000$

c$.($$$75,000)$

d$.($$$145,000)$