Analyze operational Changes Richmond's is a retail store with eight departments, including a garden department that has been operating at a loss. The following condensed income statement gives the latest years operating results : Garden Department All Other Departments Sales $336,000 $2,400,000 Cost of sales 201,600 1,560,000 Gross profit 134,400 840,000 Direct expenses 108,000 273,000 Common expenses 48,000 312,000 Total expenses 156,000 585,000 $(21600) $255,000 Net income (Loss) a. Calculate the gross profit percentage for the garden department and for the other departments as a group. Garden department All other departments b. Suppose that if the garden department were discontinued, the space occupied could be rented to an outside firm for $18,000 per yearand the common expenses of the firm would be reduced by $4,500. What effect would this action have on Richmonds net income? (ignore income tax in your calculations) Richmond's net income would by $