i got the required 1 right but dont understand each step

need help solving required 2 the most

Anderson Publishing has two divisions: Book Publishing and Magazine Publishing. The Magazine division has been losing money for he last five years and Anderson is considering eliminating that division. Anderson's information about the two divisions is as follows: Only 20 percent of the fixed manufacturing costs and 60 percent of the fixed operating expenses are directly attibutable to each division. The remaining are common or shared between the two divisions. Required: 1. Present the financial information in the form of a segmented income statement (using the contribution margin approach). 2. What will be the impact on net income If the Magazine Division is eliminated? Present the financial information in the form of a segmented income statement (using the contribution margin approach) Only 20 percent of the fixed manufacturing costs and 60 percent of the fixed operating expenses are directly attributabie to each diviston. The remaining are common or shared between the two divisions. Required: 1. Present the financial information in the form of a segmented income statement (using the contribution margin approuch). 2. What will be the impact on net income if the Magazine. Division is eliminated? Answer is not complete. Complete this question by entering your answers in the tabs below. What will be the impact on net income if the Magazine Division is eliminated