i need help coming up with these answers, i need them in a very quick period of time.

Trent Weaver was reviewing the latest income statement for Taryn Enterprises. For the second year in a row, the Collectibles division was showing a negative segment margin, and Trent thought it was time to close the division to increase the company's operating income. The income statement that he examined follows. Promotions Division Collectibles Division Total Sales revenue $5,300,000 $2,860,000 $8,160,000 Less variable expenses 3,650,000 1,645,000 5,295,000 Contribution margin 1,650,000 1,215,000 2,865,000 Less traceable fixed expenses 943,000 1,275,000 2,218,000 Segment margin $707,000 $(60,000) 647,000 Common fixed costs 555,000 Net operating income $92,000 When Trent broke the news, Taylor Tatum, manager of the Collectibles division, was upset. Taylor thought that Trent could be making a snap judgment, and suggested that he look at the division's detailed operating results. The Collectibles division is composed of two groups, Sports Memorabilia and Coins and Stamps. Sports Memorabilia accounts for 60% of the division's sales and contribution margin; Coins and Stamps accounts for the other 40%. Sports Memorabilia's traceable fixed costs are $810,000; Coins and Stamps, $245,000. Required (a) Prepare a segment margin income statement for the Collectibles division that shows the segment margin of each group. (b) Should Trent Weaver close the Collectibles Division? Why or why not