4 of 4 < 84/14 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 TV Sales $254,000 $199,000 $501.000 $443,000 Cost of goods sold 204,000 189.000 301,000 247,000 Selling and administrative expenses 69.00 Income (loss) from operations $119.800) 60,000 57,000 $50,000) $143.000 $141.000 55.000 Analysis reveals the following percentages of variable costs in each division " IV Cost of goods sold 67 % 50 % 82 % 75 % Selling and administrative expenses 39 62 50 38 Discontinuance of any division would save 50% of the fund couts and expenses for that division Top management is very concerned about the unprotable divisions and t Consensus is that one or birth of the divisions should be 2 Type here to search questionEOTE 3 84/14 * Tourer incorrect Prepare an incremental analysis conceming the possible discontinuance of Division 11. Enter negative aunts using either a nove in preceding the number eg-45 or portes (45) Contin Exc Cost of goods sold Sand Total food comm $ Textbook and Media L Die Net Income Increase Decreased Attempts 1 of 5 obed 40 Partly sunny 418PM 3/3/2002 Question 4 of 4 < 84/14 Prepare a columnar condensed income statement for Blossom Company assuming Division is eliminated Division's unavoidable foxed costs are allocated equally to the continuing divisions Enter negative amounts using either a negative sign proceding the number eg-45 or parenthesea (451) Sales Variable costs Cast of goods sold Selling and admistrative Total variable costs Contribution morgen Fo Cast of goods sond BLOSSOM COMPANY CVP Income Statement For the Quarter Ended March 31, 2022 Divisions IV Sales Variable costs Cost of goods sold Selling and administrative Total variable costs Contribution margin Cant of godsd Selingand admirative Total food s Type here to search Tethook and Media 84/14 N 2000 40 Partly y Question 4 of 4 Total 84/14 EE P Type here to search 40F Partly sunny