Problem 8 (15 Points) Condensed monthly operating profit data for FB Inc for May 31, 2022 follow: Urban Store Suburban Store Total Sales P 80,000 P 120,000 P 200,000 Variable costs P 32,000 P 84,000 P 116,000 Contribution Margin P 48,000 P 36,000 P 84,000 Direct fixed costs P 20,000 P 40,000 P 60,000 Segment Margin P 28,000 P (4,000) P 24,000 Common fixed costs P 4,000 P 6,000 P 10,000 Operating profit P 24,000 P (10,000) P 14,000 Additional information: a. One-fourth of each store direct fixed costs would continue if either is closed. b. The company allocates the common fixed costs to each store on the basis of sales pesos. c. Management estimates that closing Suburban Store would result in a 10% decrease in Urban Store's sales whereas closing Urban Store would not affect Suburban Store's sales. d. The operating results for May are representations of all months. Requirement: What would be the result if the management of FB Inc decided to close Suburban Store? Do you agree to close the Suburban Store? Present your answer in good form.