I am having a hard time figuring out how to do (b)(1) and (b)(2) for assignment P7-5A - Prepare incremental analysis concerning elimination of divisions.

Prepare an incremental analysis concerning the possible discontinuance of Division I.(Round answers to 0 decimal places, e.g. 1525. If amount decreases net income then enter the amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

ContinueEliminateNet Income

Increase (Decrease)Contribution margin$

$

$

Fixed costsCost of goods sold

Selling and administrative

Total fixed expenses

Income (loss) from operations$

$

$

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Prepare an incremental analysis concerning the possible discontinuance of Division II.(Round answers to 0 decimal places, e.g. 1525. If amount decreases net income then enter the amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

ContinueEliminateNet Income

Increase (Decrease)Contribution margin$

$

$

Fixed costsCost of goods sold

Selling and administrative

Total fixed expenses

Income (loss) from operations$

$

$