9 llum Company operates on three different planets in the galaxy. They are receiving reports that operations may need to cease on Alderaan soon, Income statements for these planets imply that profitability could be improved If operations in Alderaan were eliminated TLUM COMPANY Income Statements for Year 2 Segment Sales Alderaan Batuu Tatooine $ 171.000 $252,000 Cost of goods sold $245,000 (125,000) (85,000) (76,000) Sales commissions Contribution margin (21,000) 24,000) (30,000 25,000 143,000 139.000 General fixed operating expenses (allocation of president's salary) (37,000) (36,000) (43,000) Advertising expense (specific to individual planets) (6.000) (17,000) 0 Net income (10) $ (18,000) $ 90,000 $ 96,000 138 Required a. Prepare a schedule of relevant sales and costs for operations in Alderaan. b. Prepare comparative Income statements for the company as a whole under two alternatives: (1) the in Alderaan and (2) the elimination of operations in Alderaan. ntion of operations Complete this question by entering your answers in the tabs below. 18 Required A Required B Prepare a schedule of relevant sales and costs for Alderaan. Relevant Rev. and Cost items for Alderaan Sales Effect on income (2) the elimination of Alderaan. ILUM COMPANY Comparative Income Statements for the Year 2 Eliminate Decision Keep Alderaan Alderaan Sales Cost of goods sold Sales commissions Contribution margin General fixed operating expenses Advertising expense Net Income