Wellco Corporation currently has two divisions which had the following operating results for last year: Total Division 1 Division 2 Sales Variable costs Contribution margin Traceable fixed costs Allocated common fixed costs Net operating income $ 970000 490000 $ 480000 285000 125000 $ 620000 250000 $ 370000 190000 80000 $ 350000 240000 $ 110000 95000 45000 $ 70000 $ 100000 $ (30000) Due to poor performance, Wellco is considering eliminating Division 2. All of Division 2's variable costs and traceable fixed costs are avoidable, but none of its allocated common corporate fixed costs are. If Division 2 had been dropped at the beginning of last year, Wellco's net income would have been