ces Exercise 9-8 (Algo) Departmental income statement and contribution to overhead LO P3 The Ski department reports sales of $605,000 and cost of goods sold of $423,500 Its expenses follow Salaries, Depreciation expen $119,000 Rent $14,600 offic 1. For the Ski department only, prepare a departmental income statement 2. & 3. For the Ski department only, prepare a departmental contribution to overhead report. Based on these two reports, should the Ski department be eliminated Complete this question by entering your answers in the tabs below. Red 1 Reg 2 and 3 For the Ski department only, prepare a departmental income statement. Departmental Income Statement For Year Ended December 31 Ski Department Expenses