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answer pls lasts for the year: The income statement for the most recent year follows: Class operates two divisions: Corporate and Individual. The Individual division

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lasts for the year: The income statement for the most recent year follows: Class operates two divisions: Corporate and Individual. The Individual division recently reported a net operating Sales Variable expenses Contribution margin Direct fixed expenses Allocated fixed expenses Operating income Individual $125,000 50,000 75,000 30,000 50,000 $(5,000) Corporate $500,000 300,000 200,000 110,000 50,000 $40,000 Prepare an income statement showing segment margin for each division; Add a column for the whole company. By how much would total income change if the Individual division were dropped

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