Ivanhoe, Inc. has three divisions: Bud, Wise, and Er. The results of operations for May, 2022 are presented below. Bud Wise Er Total Units sold 3,300 5,500 2,200 11,000 Revenue $77,000 $55,000 $44,000 $176,000 Less variable costs 35,200 28,600 17.600 81,400 Less direct fixed costs 15,400 20,900 13,200 49,500 Less allocated fixed costs 6,600 11,000 4,400 22.000 Net income $19,800 $(5,500) $8,800 $23,100 All of the allocated costs will continue even if a division is discontinued. Ivanhoe allocates indirect fixed costs based on the number of units to be sold. Since the Wise division has a net loss, Ivanhoe is concerned that it should be discontinued. Ivanhoe thinks that if the division is closed, that sales at the Bud division will increase by 12% while sales at the Er division will stay the same. (a) Prepare an analysis showing the effect of discontinuing the Wise division. (Do not round intermediate calculations and round final answers to 0 decimal places, e.g. 1,525.) Bud Er Total Revenue $ $ $ Less variable costs Less direct fixed costs Less allocated fixed costs