01:43:19 Hide TI Sales revenue Less variable expenses Contribution margin Less traceable fixed expenses Segment margin Common fixed costs Net operating income Video Audio Division Division Total $5,300,800 $2,861,500 $8,162,300 3,668,800 1,646,100 5.314.900 1.632,000 1,215,400 2.847,400 944,400 1.284,900 2,229,300 $687.600 $(69,500) 618,100 581,000 $37,100 When Jim broke the news, Chloe Sams, manager of the Audio division, was upset. Chloe thought that Jim could be making a snap judgment and suggested that he look at the division's detailed operating results. The Audio division is composed of two groups, Streaming and CD. Streaming accounts for 75% of the division's sales and contribution margin: CD accounts for the other 25%. Streaming's traceable fixed costs are $451.300: CD. $351,300. Prepare a segment margin income statement for the Audio division that shows the segment margin of each group. (If the amount is negative then enter with a negative sign preceding the number, e.g.-5,125 or parenthesis, eg. (5,125) and round answers to decimal places, e.g. 5,125.) Streaming CD Total Audio Division Should Jim Coston close the Audio Division? Jim should consider closing