E7.42 (Algo) Analyzting Keep or Drop Dectsion [LO 7.2.7.5] Anderson Pubilshing has two ovvison: Book Pubitinting and Magarine Pabeshing the Magazine alvalon nas been the two ovisions is as follows: Onyy 20 percent of the fixed manufacturing costs and 60 percent or the fled operating expenses are orecty attributable to each division. The remaining are common or shareo betiveen tre tiong civishat. Required: 1. Present the financlal information in the form of a segmented income stitertati wsch tre controutson margin approach). 2 What wili be the impact on net income ir the Magazine owision is eitinated? Complete this question by entering your answers in the tabs below: E7-12 (Algo) Analyzing Keep-or-Diop Deciclon [Lo 7-2, 7.5) 1. Present the financia) intormation in the form of a segmented incame statement (ulirg the corseributioa margain 2. What will be the impoct an net income if the Magazino Diviuion is elininted? Cenplete this question by entering yaur answers in the tabs below