ment CALCULATOR PRINTER VER Prepare a columnar condensed income statement for Flint Company, assuming Division II is eliminated. Division II's unavoidable fixed costs are allocated equally to the continuing divisions decreases net income then enter the amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) FLINT COMPANY CVP Income Statement Division IV Total Sales Variable costs Cost of goods sold Selling and administrative Total variable costs Contribution margin Fixed costs Cost of goods sold Selling and administrative Total fixed costs Income (loss) from operations Inc. All Rights Reserved. A Division of Jchn Wley & Sons In ere to search