First Order Company operates on three different planets in the galaxy. They are receiving reports that operations may need to cease on Alderaan soon. Income statements for these planets imply that profitability could be improved of operations in Alderaan were eliminated FIRST ORDER COMPANY Income Statements for Year 2 Seguent Alderaan Batu Sales Tatooine $ 165,000 $239,000 Cost of goods sold $250,000 Sales comissions (128,000) (86,000) (83,000) (18.00) Contribution margin (31,000) (26.000 19,00 122,000 149.000 General fixed operating expenses (allocation of president's salary) (39,000) (34,00) (29,000) Advertising expense (specific to individual planets) (5,000 (11 100) Net income (los) $ (25,000) $ 77,000 $120.000 Required a. Prepare a schedule of relevant sales and costs for operations in Alderaan b. Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of operations in Alderaan and (2) the elimination of operations in Alderaan ved Complete this question by entering your answers in the tabs below. Required A Required B Prepare a schedule of relevant sales and costs for Alderaan. Relevant Rev. and Cost items for Alderaan Sales Effect on income $ 0 Required A Required B > Hels Complete this question by entering your answers in the tabs below. Required A Required B Prepare comparative Income statements for the company as a whole under two alternatives: (1) the retention of Alderaan and (2) the elimination of Alderaan. FIRST ORDER COMPANY Comparative Income Statements for the Year 2 Decision Keep Alderaan Eliminate Alderaan Sales Cost of goods sold Sales commissions Contribution margin S 0 $ General forced operating expenses Advertising expense Net Income $ 0 $ 0 0