Below are departmental income statements for a guitar manufacturer. The manufacturer is considering eliminating its electric guitar department since it has a net loss. The company classifies advertising, rent, and utilities expenses as indirect. Electric $84,100 47,750 36,350 WHOLESALE GUITARS Departmental Income Statements For Year Ended December 31, 2019 Acoustic Sales $101,900 Cost of goods sold 44,575 Gross profit 57,325 Operating expenses Advertising expense 5,075 Depreciation expense-Equipment 10,090 Salaries expense 19,600 Supplies expense 1,95 Rent expense 7,065 Utilities expense 2,945 Total operating expenses 46,725 Net income (loss) $ 10,600 4,270 8,570 17,800 1,790 6,030 2,590 41,050 $(4,700) Prepare a departmental contribution report that shows each department's contribution to overhead. WHOLESALE GUITARS Income Statement Showing Departmental Contribution to Overhead For Year Ended December 31, 2019 Acoustic Dept. Electric Dept. Combined Direct expenses Total direct expenses 0 0 0 0 Departmental contributions to overhead $ $ 0 $ 0 Indirect expenses Total indirect expenses $ Based on contribution to overhead, should the electric guitar department be eliminated? Based on contribution to overhead, should the electric guitar department be eliminated