Wildhorse Manufacturing Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $139,800 and the following divisional results: Division I 11 III IV Sales $504,000 $393,000 $313,400 $175,700 Cost of goods sold 297,000 241,800 273,200 151,800 67,400 74,400 66,800 73,900 Selling and administrative expenses Income (loss) from operations $139,600 $76,800 $(26,600) $(50,000) The analysis reveals the following percentages of variable costs in each division: 11 IV 70% 92% 74% 92% Cost of goods sold Selling and administrative expenses 39 50 65 70 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 (III and IV). The consensus is that the company should discontinue one or both of these divisions. Reconcile the total income from operations of $139,800 with the total income from operations without division IV. Income from operations with Division IV $ Incremental income from eliminating Division IV $ Income from operations without Division IV $ $