Ellie Manufacturing company produces three products: A, B, and C. The income statement for 2013 is as follows: Sales $200000 Less: Variable exp. $127,000 Contribution margin $73000 Less Fixed exp: Manufacturing $20000 Selling and administrative $14000 $34,000 Net income $39,000 The Sales, contribution margin ratios, and direct fixed expenses for the three types of products are as follows: A B C Sales $60,000 $40,000 $100,000 Contribution margin ratio 35% 30% 40% Direct fixed expenses of products $8000 $5000 $4000 required: a prepare income statements segmented by products. Include a column for the entire firm in the statement. b. if ellie manufactureing eliminates product B, what would be the impact on company profits? c. ellie is considering the purchase of automated assembly equipment for Product A. With that purchase, variable expenses ratio would be reduced by 10 percent and fixed manufacturing costs would increase by $3000. What would be the impact on company profits