MSI's information related to the ToddleTown Tours collection follows: Sales revenue Segmented Income Statement for MSI's Toddle Town Tours Product Lines Pet Store Parade $110,000 47,000 Post Grocery Office Getaway $105,000 43,000 Polka Total $31,000 $246,000 Variable costs Contribution margin Less: Direct Fixed costs Segment margin Less: Common fixed costs* $ 63,000 7,200 $ 55,800 5,500 Net operating income (loss) $ 50,300 $ 55,300 5,250 $ 50,050 $ 62,000 6,700 28,000 $ 3,000 2,800 $ 200 1,550 118,000 $128,000 16,700 $111,300 12,300 $(1,350) $ 99,000 *Allocated based on total sales revenue. MSI has determined that elimination of the Post Office Polka (POP) program would not impact sales of the other two items. The remaining fixed overhead currently allocated to the POP product would be redistributed to the remaining two products. Required: 1. Calculate the incremental effect on profit if the POP product is eliminated. 2. Should MSI drop the POP product? 3-a. Calculate the incremental effect on profit if the POP product is eliminated. Suppose that $1,000 of the common fixed costs could be avoided if the POP product line were eliminated. 3-b. Should MSI drop the POP product? Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Calculate the incremental effect on profit if the POP product is eliminated. Effect on Profit