Exercise 23-8 (Algo) Segment elimination LO P4 Check my work Marin Company makes several products, including canoes. The company reports a loss from its canoe segment (see below). All its variable costs are avoidable, and $320,000 of its fixed costs are avoidable. Segment Income (Loss) Sales Variable costs Contribution margin Fixed costs Income (loss) $ 1,058,400 756,000 302,400 364,000 $ (61,600) (a) Compute the income increase or decrease from eliminating this segment. (b) Should the segment be continued or eliminated? Complete this question by entering your answers in the tabs below. Required A Required B Complete this question by entering your answers in the tabs below. Check my w Required A Required B Compute the income increase or decrease from eliminating this segment. Segment Elimination Analysis Continue Eliminate Income Increase (Decrease) 05 Income (loss) Required A Required B > www Prey 5 of 8 Next > Complete this question by entering your answers in the tabs below. Required A Required B Should the segment be continued or eliminated? Should the segment be continued or eliminated? < Required A Required >