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I need help with this problem, filling in the blanks as provided below. Question 1 1 pts Using the identified relevant information, analyze whether or
I need help with this problem, filling in the blanks as provided below.
Question 1 1 pts Using the identified relevant information, analyze whether or not the Lawn Mowers division should be kept or dropped. Jake stated if the division is dropped, he believes 70% of fixed costs can be avoided and fertilizer production can be expanded by 10% by using space vacated by the Lawn Mower division. Jake also provided the following income statement for Green Lawn Corp without the struggling lawn mower division. Revenues Expenses Variable Costs Fixed Costs Total Expenses Net Income (Loss) Green Lawn Corp. Income Statement Without Struggling Division For the Year Ended 12/31/2019 Fertilizers $54,870 -$27,600 -$13,070 -$40,670 $14,200 Leaf Blowers Lawn Mowers $42,600 -$22,270 -$10,510 -$32,780 $9,820 $45,640 -$29,090 -$17,510 -$46,600 -$960 Total $143,110 -$78,960 -$41,090 -$120,050 $23,060 Using the relevant information identified in the prior page, prepare the following income statement for Green Lawn Corp without the struggling lawn mower division. DO NOT USE DECIMALS or NEGATIVE VALUES. Round to the nearest whole number.
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