Franklin Company operates three segments. Income statements for the segments imply that profitability could be improved if Segment A were eliminated. FRANKLIN COMPANY Segment Sales Cost of goods sold Sales commissions Contribution margin Income Statements for Year 2 $166,000 $239,000 $263,000 (131,000) (85,000) (76,000) (18,000) (28,000) (25,000) 17,000 126,000 162,000 (42,000) (50,000) (26,000) (5,000) (14,000) 0 $ (30,000) $62,000 $136,000 General fixed operating expenses (allocation of president's salary) Advertising expense (specific to individual divisions) Net income (loss) Required a. Prepare a schedule of relevant sales and costs for Segment A. b. Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A Complete this question by entering your answers in the tabs below. a. Prepare a schedule of relevant sales and costs for Segment A. b. Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A Complete this question by entering your answers in the tabs below. Required A Required B Prepare a schedule of relevant sales and costs for Segment A. Sales Relevant Rev. and Cost items fe+Segment A Effect on income $ 0 Required A Required B > Complete this question by entering your answers in the tabs below. Required A Require 8 Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A. FRANKLIN COMPANY Comparative Income Statements for the Year 2 Decision Keep Seg. A Eliminate Seg. A Sales Cost of goods sold Sales commissions Contribution margin $ 0 $ 0 General fixed operating expenses Pre T www