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 $67,000 Dept. N $ 37,000 Dept. o $60,000 Dept. P $46,000 Dept. T $ 32,000 Total $242,000 Sales Expenses Avoidable Unavoidable Total expenses Net income (loss) 11,800 53,400 65,200 $ 1,800 38,800 15,000 53,800 $(16,800) 23,600 4,600 28, 200 $31,8ee 16,000 31,800 47,800 $(1,800) 41,400 12,600 54,000 $(22,000) 131,600 117,400 249,000 $ (7,000) 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 WITH EXPECTED NET LOSSES ELIMINATED Dept. M Dept. N Dept. o Dept. P Dept. T Total Sales $ 0 Expenses: Avoidable 0 Unavoidable 0 Total expenses Net income (loss) $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 (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 $ $ 0 Expenses: Avoidable 0 Unavoidable 0 Total expenses Net income (loss) GA 0 $ 0 $ 0 $ 0 $ 0 $ 0