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Thornton Boot Co, sells men's, women's, and chlldren's boots. For each type of boot sold, it operates a separate department that has its own manager. All departments are housed in a single store. In recent years, the children's department has operated at a net loss. and is expected to continue to do so last year's income statements follow. Required 0. Calculate the contribution to profit. Determine whether to eiminate the chidren's department. b-1. Calculate the net income for the company as a whole with the chididen's department b-2. Confirm the conclusion you reached in Requirement a by preparing income statements for the company without the chidiren's department c. Eliminating the children's department would increase space avalable to display men's and women's boots. Suppose management estimates that a wier selection of aduit boots would increase the store's net earnings by $48,000 Would this information affect the decision that you made in Requirement a