Data table date Rivera's operating it nues as a negative amou Rivera Corporafion runs two convenionco stores, one in Comecticut and one in Rhode Ishand. Operating income for each store in 2020 is as follow: (3) (Click the icon to view the adid or dimp segments information) Reas the cournments Maria Loper's statement about the eflect of closing tho Fhode island store corroct? Explain. the net eflect is an operating loss erser the anount wht porentheses or a minus sion.) Click to view the operating income for the stores.) Requirements 1. By closing down the Rhode Island store, Rivera can reduce overall corporate overhead costs by \\( \\$ 46,000 \\). Calculate Rivera's operating income if it closes the Rhode island store. Is Maria Lopez's statement about the effect of closing the Rhode Island store correct? Explain. 2. Calculate Rivera's operating income if it keeps the Rhode Island store open and opens another store with revenues and costs identical to the Rhode island store (including a cost of \\( \\$ 23,000 \\) to acquire equipment with a 1-year useful life and zero disposal value), Opening this store will increase corporate overhead costs by \\$5,000. Is Maria Lopez's statement about the effect of adding another store like the Rhode lsland store correct? Explain. Labor cos Depreciat Utilities (c) Corporate Total ope bra's operating income b negative amount. Ent ect on operating income (loss) irement 1. By closing down the Rhode island store, Rivera cari reduce overall corporate overhead costs by \\( \\$ 46,000 \\). Calculate Rivera's operating in Lopez's statement about the effect of closing the Rhode Island store correct? Explain. by calculating Rif et effect is an ope- More info The equipment has a zero disposal value. In a senior management meeting. Maria Lopez, the managernent acoountant at Rivera Corporation, makes the following comment, \"Rivera can increase ils profitability by closing down the Rhode Island store or by adding another store like it.\" hues as a negative amou