1st picture is background info and second picture is part 1 and 2 that need to be answered. thank you for your help

X f Members of the board of directors of Douglas' Furniture Co, have received the following operating income data for the year just en A B C D E E C 1GH Wembers of the boand of directors of Douglas' Furuiture Co. have received the following operating income data for the year just ended: Members of the board are sarprised that the Iving room furniture line is losing moncy. They commission a study to detemine whether the company should discontinue the 2. Prepare contribation margin income statements to show Douglas' total operating iacome under the two alternatives: (a) with the living room furnitare line and (b) withost the lise. USE EXCEL. FORMUL.AS TO CAICUI_ATE. X f Members of the board of directors of Douglas' Furniture Co, have received the following operating income data for the year just en A B C D E E C 1GH Wembers of the boand of directors of Douglas' Furuiture Co. have received the following operating income data for the year just ended: Members of the board are sarprised that the Iving room furniture line is losing moncy. They commission a study to detemine whether the company should discontinue the 2. Prepare contribation margin income statements to show Douglas' total operating iacome under the two alternatives: (a) with the living room furnitare line and (b) withost the lise. USE EXCEL. FORMUL.AS TO CAICUI_ATE