Question 1 (20 marks) The following segmented income statement was given to the CEO of your company. He asked for suggestions to stop unprofitable product lines. Product Lines Total U W Sales .... $250.000 $100,000 $75.000 $75.000 Variable expenses ..... 119.000 37.000 35.000 47.000 Contribution margin. 131.000 63.000 40.000 28.000 Traceable fixed expenses* ..... 98.000 31.000 37.000 30.000 Common expenses, allocated 32.900 18,000 10.500 4.400 Net operating income (loss)... 100 $ 14.000 $(7.500) $(6.400) Recommend which segments, if any, should be eliminated. Prepare a report in good form to assess the profitability of various product lines