Problem 7-5A a, b1-b3, c (Part Level Submission) (Video) Brislin Company has four operating divisions. During the first quarter of 2020, the company reported aggregate income from operations of $212,000 and the following divisional results. Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations Division I II III IV $246,000 $195,000 $498,000 $452,000 198,000 192,000 304,000 247,000 77,000 54,000 56,000 51,000 $(29,000) $ (51,000) $138,000 $154,000 Analysis reveals the following percentages of variable costs in each division. I II IV III 77% 73 % 92% 79 % Cost of goods sold Selling and administrative expenses 41 60 48 62 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. (a) x Your answer is incorrect. Try again. Compute the contribution margin for Divisions I and II. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Division I Division II Contribution margin 98303 -96840 Click if you would like to Show Work for this question: Open Show Work