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please help me with this 5 requirements, thanks! Superior Markets, Inc., operates three stores in a large metropolitan area. A segmented absorption costing income statement

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Superior Markets, Inc., operates three stores in a large metropolitan area. A segmented absorption costing income statement for the company for the last quarter is given below: Superior Markets, Inc. Income Statement For the Quarter Ended September 30 - North South Total Store Store $3,800,000 $760,000 $1,520,000 Cost of goods sold 2,090,000 420,000 834,000 Gross margin 1,710,000 340,000 686,000 Selling and administrative expenses: Selling expenses 833,000 239,400 319,000 Administrative expenses 423,000 114,000 162.900 Total expenses 1,256,000 353,400 481,900 Net operating income (loss) $ 454,000 $(13,400) $ 204,100 Store $1,520,000 836,000 684.000 274,600 146, 100 420.700 263,300 $ The North Store has consistently shown losses over the past two years. For this reason, management is giving consideration to closing the store. The company has asked you to make a recommendation as to whether the store should be closed or kept open The following additional information is available for your use: a. The breakdown of the selling and administrative expenses that are shown above is as follows: North Store south Store East Store Total Selling expenses Sales salaries Direct advertising General advertising Store rent $240,200 173.000 57.000 300,000 59.000 59.000 11.400 93,000 87,800 30.000 22.00 110.000 $101.400 34.000 22.800 97.000

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