Jim Coston was reviewing the latest income statement for Trenton Communications. For the second year in a row the Audio division was showing a negative segment margin, and Jim thought it was time to dose the divhton to increase the company's operating income. The income statement that he examined follows Sales revenue Les variable expenses Contribution margin Less traceable fixed expenses Segment margin Common fed costs Net operating income Video Audio Division Division Total $5.317,000 $2,860.600 $8.177.600 3.666,300 1649,300 5,315.600 1,650,700 1.211.300 2.862.000 950.700 1.276,700 2.227.400 5700.000 $165.400) 634.600 579.000 $55.600 When simbroke the news Chloe Sams, manager of the audio division was upset. Chloe thought that im could be making up judgment, and suggested that he look at the division's detailed operating results The Audio division is composed of two grous Streaming and CD Streaming accounts for 75% of the division's sales and contribution margin CD accounts for the other 25% Streaming's traceabile fed costs are $450,400, CD. $350.400. Prepare a segment marin income statement for the Audio division that shows the segment margin of each group of the amount is negative then enter with a negative sin preceding the number, ex 5.125 or parenthesis, ex (5,125) and round answers to decimal places, 5.125) Streaming Total Audio Division Should im Coston close the Audio Division? Jim should consider closing