Required informatio [The following information applies to the questions displayed below.] Suresh Co. expects its five departments to yield the following income for next year. Dept. o Dept. P $72,000 $60,000 Dept. T $40,000 Dept. M Dept. N Total Sales Expenses $79,000 41,000 Avoidable Unavoidable Total expenses 15,800 56, 600 72,400 43,600 19,800 63,400 20,000 5,400 46,600 66,600 $46,600 (6,600) $292,000 $148,000 18.200_ $146,600o 20,000 48,600 25,400 66,800294,600 Net income (loss) $6,600 (22,400) $(26,800) (2,600) Recompute and prepare the departmental income statements (including a combined total column) for the company under each of the following separate scenarios (1) Management eliminates departments with expected net losses. DEPARTMENTS TH EXPECTED NET LOSSES ELIMINATED Dept. M Dept. N Dept. O Dept. P Dept. T Total Sales Expenses: Avoidable Unavoidable Total expenses Net income (loss) (2) Management eliminates departments with sales dollars that are less than avoidable expenses. DEPARTMENTS WITH LESS SALES THAN AVOIDABLE EXPENSES ELIMINATED Dept. M Dept. N Dept. O Dept. P Dept. T Total Sales Expenses Avoidable Unavoidable Total expenses Net income (loss)