Required information The following information applies to the questions displayed below. Suresh Co. expects its five departments to yield the following income for next year. Dept. M $77,000 Dept. N $ 39,000 Dept. o $70,000 Dept. P $56,000 Dept. 7 $ 38,000 Total $280,000 Sales Expenses Avoidable Unavoidable Total expenses Net income (los) 14,800 55,800 70,600 $ 6,400 42,400 18,600 61,000 $(22,000) 21,600 5,200 26,800 $43,200 19,000 43,200 62,200 $(6,200) 46,800 16,800 63,600 $(25,600) 144,600 139,600 284,200 $ (4,200) 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