1When Rosana, CFO of Hydie Inc., first evaluated the segmented income statement below, he flew into his usual rage: "When are we having losses in our product lines, I would rather eliminate them." Product Lines Total U V W Sales $250,000 $100,000 $75,000 $75,000 Variable expenses $119,000 $37,500 $35,000 $47,000 Contribution margin $130,500 $62,500 $40,000 $28,000 Traceable fixed expenses* $98,000 $31,000 $37,000 $30,000 Common expenses, allocated $32,900 $18,000 $10,500 $4,400 Operating income (loss) -$400 $13,500 $(7,500) $(6,400) *These traceable expenses could be eliminated if the product lines to which they are traced were discontinued. Required: Recommend which segments, if any, should be eliminated. Prepare a report in good form to support your answer. Show all the necessary calculations