Exercise 228 (Algo) Departmental income statement and contribution to overhead LO P3 The Ski department reports sales of $615,000 and cost of goods sold of $430,500. Its expenses follow. 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? For the Ski department only, prepare a departmental income statement. Complete this question by entering your answers in the tabs below. For the Ski department only, prepare a departmental income statement