Blossom Company has four operating divisions

Blossom Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $214,200 and the following divisional results. Division 11 HII IV Sales $254,000 $199,000 $501,000 $443,000 204,000 189,000 301,000 247.000 Cost of goods sold Selling and administrative expenses Income (loss) from operations 69,800 60,000 57.000 55,000 $(19,800) $(50,000) $143,000 $141,000 Analysis reveals the following percentages of variable costs in each division 11 HII IV 67% 90 % 82 % 75 % Cost of goods sold Selling and administrative expenses 39 62 50 58 Discontinuance of any division would save 50% of the fixed costs and expenses for that division Prepare an incremental analysis concerning the possible discontinuance of Division 1. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Continue Net Income Increase (Decrease) Eliminate Contribution margin $ (8300) $ 0 $ (8300) Fixed costs Cost of goods sold 18900 9450 (9450) Selling and administrative 22800 11400 (14400) Total fixed expenses 41700 20850 (20850 Income (loss) from operations $ (50000) (20850) $ (29150