Next Page Page 24 Question 24 (1 point) The most recent income statement for the Strongsville Branch of First Union Bank is presented below: Sales Variable costs Contribution margin Avoidable fixed costs Unavoidable fixed costs Operating loss $47,000 31,500 15,500 16,500 14,000 $(15.000) First Union Bank is thinking about eliminating the Strongsville Branch. If the branch is eliminated, First Union Bank's operating income will decrease $31,500 increase $1,000 increase $25,500 decrease $12,000 Page 24 of 28 Next Page DOLL FS04 3 4 5 LE IR TY