For the first quarter of 2020, Jessicca Limited has four operating segments SEGMENTS (000 of dollars) The total income from operations is 593 000 The results are as follows $ 300 $ 200.0 $ 500 D $ 450.0 Sales Variable Costs Cost of Goods Sold Selling & Administrative Contribution Margin Fixed Costs Cost of Goods Sold Selling & Administrative Net Income 140 30 130 1728 360 (8,8) 240 60 200 187.5 300 232.5 60 45 $ 25 19.2 24.0 $(520) 160 70 $(30) 62.5 20.0 $1150 0 If a segment is discontinued, about 50% of the fixed costs and expenses for that segment would be saved. Top management is considering the discontinuation of on unprofitable segments Most of the managers agree that both segments should be discontinued. INSTRUCTIONS MUST SHOW ALL COMPUTATIONS TO SUPPORT YOUR RESONSES 1. Should Jessicca Limited eliminate one or both of the unprofitable segments? Explain clearly. Prepare an analysis to support your answer. 2. Compare the total income for all four segments with the total income if segment C was eliminated Discuss the results of your comparison and explain the differences you find