Below are departmental Income statements for a guitar manufacturer. The company classifies advertising, rent, and utilities as Indirect expenses. The manufacturer is considering eliminating its Electric Guitar department because it shows a loss. Departmental Income Statements For Year Ended December 31 Acoustic Electric Sales $ 112,5ee $ 105,589 Cost of goods sold 55,675 66,750 Gross profit 56,825 38,75e Expenses Advertising 8,275 6,250 Depreciation Equipment 10,150 9.000 Salaries 17.300 13,500 Supplies used 2,03e 1.788 Rent 6,105 5,95 Utilities 3,645 2,550 Total expenses 46,785 38,950 Income (loss) $ 10,120 $ (200) 1. Prepare a departmental contribution to overhead report. 2 Based on contribution to overhead, should the electric guitar department be eliminated? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a departmental contribution to overhead report. Departmental Contribution to Overhead For Year Ended December 31 Acoustic Electric Combined Direct expenses 0 0 0 Total direct expenses Departmental contribution to overhead $ 0 $ 0 $ 0