Holiday, Inc., operates a retail store with two departments, A and B. Its departmental income statement for the current year follows: HOLIDAY, INC. Departmental Income Statement For Year Ended December 31 Dept.ADept.B Combined $250,000$360,000 $610,000 187,200 173,290360,490 Sales Direct expenses Contributions to overhead $62,800 186,710 $249,510 Indirect expenses: Depreciation--Building Maintenance Utilities Office expenses Total indirect expenses Net income 13,890 12,0002,000 16,520 25,890 4,100 2,100 7,600 2,250 8,920 2,140 $19,600 $21,780$A1,380 $43,200 $164930 $208.130 Burien allocates building depreciation, maintenance, and utilities on the basis of square footage. Office expenses are allocated on the basis of sales. Management is considering an expansion to a three-department co proposed Department C would generate $180,000 in additional sales and have a 18.3% contribution to overhead. The company owns its building. Opening Department C would redistribute the square footage to each department as follows: A, 19,040; B, 21,760 sq. ft.; c, 13,600. Increases in indirect expenses would include: maintenance, $700; utilities, $5,700; and office expenses, $1,400. Complete the following departmental income statements, showing projected results of operations for the three sales departments. (Round amounts to the nearest whole dollar.) OPTIONAL BUT RECOMMENDED: Show your calculations for the allocation of indirect expenses in the tables located beneath the Departmental Income Statement. These allocations can then be used to complete the Indirect Expenses section of the Departmental Income Statement