A business hаs twо mаjоr business segments--Nоrth аnd South. Last month, the North business segment had sales revenues of $260,000, variable expenses of $145,000, and traceable fixed expenses of $33,000. During the same month, the South business segment had sales revenues of $930,000, variable expenses of $488,000, and traceable fixed expenses of $177,000. The common fixed expenses totaled $262,000 and were allocated as follows: $131,000 to the North business segment and $131,000 to the South business segment.A properly constructed segmented income statement in a contribution format would show that the segment margin of the South business segment is: