Wildhorse Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $214,000 and the following divisional results.

		Division
		I		II		III		IV
Sales		$249,000		$200,000		$504,000		$450,000
Cost of goods sold		199,000		192,000		296,000		249,000
Selling and administrative expenses		76,000		63,000		64,000		50,000
Income (loss) from operations		$ (26,000)		$ (55,000)		$144,000		$151,000

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

		I			II			III			IV
Cost of goods sold		74	%		88	%		79	%		74	%
Selling and administrative expenses		39			60			51			61

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.

(c)

New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is partially correct.

Prepare a columnar condensed income statement for Wildhorse Company, assuming Division II is eliminated. Division IIs unavoidable fixed costs are allocated equally to the continuing divisions. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

WILDHORSE COMPANY CVP Income Statement For the Quarter Ended March 31, 2022
		Divisions
		I		III		IV		Total
Sales		249000		$504000		$450000		$1203,000
Variable costs
Cost of goods sold		147260		233840		184260		565,360
Selling and administrative		29640		32640		30500		92,780
Total variable costs		176,900		266,480		214760		658,140
Contribution margin		72100		237,520		235,240		544,860
Fixed costs
Cost of goods sold		enter a dollar amount		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		enter a dollar amount
Total fixed costs		enter a subtotal of the previous two amounts		enter a subtotal of the previous two amounts		enter a subtotal of the previous two amounts		enter a subtotal of the previous two amounts
Income (loss) from operations		$enter a net income or loss amount		$enter a net income or loss amount		$enter a net income or loss amount		$enter a net income or loss amount

please help me with the space that needs to write the amount and explain to me why. I do 3 times, but all wrong.. Thank you