Quesition is below with full infromation:

Sloan Corporation runs two stores, one in Medfield and one in Oakland. Operating income for each store in 2017 is as follows: (Click the icon to view the operating income.) The equipment has zero disposal value. Read the requirements. Requirement 2. Instead of closing down the Oakland store, Sloan Corporation is thinking of opening another store with revenues and costs identical to the Oakland store (including a cost of $41,000 to acquire equipment with a one-year useful life and zero disposal value). Opening this store will increase corporate overhead costs by $13,000. Should Sloan Corporation open another store like the Oakland store? Explain. Begin by calculating Sloan's operating income if it keeps the Oakland store open and opens another store with revenues and costs identical to the Oakland store. (If the net effect is an operating loss, enter the amount with parentheses or a minus sign.) Incremental Revenues i Data Table (Incremental Costs) of Opening New Store Medfield Oakland Like Oakland Store Store Store Revenues 1550000 Revenues $ 2,600,000 $ 1,550,000 Operating costs Cost of goods sold i Requirements - X Operating costs Cost of goods sold 1,200,000 1,290,000 Variable operating costs (labor, utilities) Variable operating costs (labor, utilities) 130,000 145,000 Lease rent (renewable each year) 138,000 By closing down the Oakland store, Sloan can reduce overall corporate Lease rent (renewable each year) 157,000 Depreciation of equipment overhead costs by $88,000. Should Sloan Corporation close down the Depreciation of equipment 45,000 45,000 Allocated corporate overhead Oakland store? 2. Instead of closing down the Oakland store, Sloan Corporation is thinking of Allocated corporate overhead 84,000 82,000 Total operating costs opening another store with revenues and costs identical to the Oakland store (including a cost of $41,000 to acquire equipment with a one-year useful life Total operating costs 1,597,000 1,719,000 Effect on operating income (loss) and zero disposal value). Opening this store will increase corporate overhead Operating income (loss) $ 1,003,000 $ (169,000) costs by $13,000. Should Sloan Corporation open another store like the Enter any number in the edit fields and then click Check Answer. Oakland store? Explain