Oriole Toys' management is considering eliminating product A, which has been showing a loss for several years. The company's annual income statement, is as follows: A A B Total Sales $2,295,000 $1,406,000 $1.812.000 $5,513,000 Variable expenses 1,696,000 601,500 1,089,300 3.386.800 Contribution margin $599,000 $804,500 $722,700 $2.126.200 Advertising expense $517,000 $427,000 $521,000 $1,465,000 Depreciation expense 17,400 10.400 22.000 49.800 Corporate expenses 93,500 81.900 106.700 282,100 Total fixed expenses $627,900 $519.300 $649,700 $1,796,900 Operating income $(28,900) $285.200 $73,000 $329,300 Advertising expense - Specific to each product. Depreciation expense - Specific to each product; no other use available, no resale value. Corporate expenses - Allocated based on number of employees. (a) Restate the income statement in segment margin format. B $ $ $ $ $ e Textbook and Media Save for Later Attempts: 0 of 10 used Submit