Patterson Company operates three segments, Income statements for the segments imply that profitability could be improved if Segment A were eliminated PATTERSON COMPANY Income Statements for the Year 2014 169,000 $237,000 $255,000 (129,000) (79,000) (79,000) (20,000) (30,000) (26,000) Sales Cost of goods sold Sales commissions Contribution margin 20,000 128,000 150,000- General fixed oper. exp. (allocation of president's salary) (34,000) (51,000) (31,000) Advertising expense (specific to individual divisions) 4,000) (13,000) s (18,000) $64,000 $119,000 Net income Required b. Prepare comparative income statements for the company as a whole under two altermatives: (1) the retention of Segment A and (2) the elimination of Segment A PATTERSON COMPANY Comparative Income Statements for the Year 2014 Eliminate Decision ent nt Sales Cost of goods sold Sales commissions Contribution margin General fioxced operating expenses Advertising expense Net Income Type here to search