Exercise 9-8 (Algo) Departmental income statement and contribution to overhead LO P3 The Ski department reports sales of $600,000 and cost of goods sold of $420,000. Its expenses follow. Direct expenses Indirect expenses Service department expenses Salaries Depreciation $ 120,000 51,000 Rent $ 16,100 office $ 24,400 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? Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 For the Ski department only, prepare a departmental income statement.