Rivera Corporation in two convenience stores, one in Connecticut and one in Rhode Island Opening income for each store in 2014 is as follows: Click to view the operating income for the stores) The equipment has a zero disposal value in a senior management meeting, Maria Lopez, the management accountant at Rivera Corporation, makes the following comment, "livera can increase is probally by closing down the Rhode Island store.is Maria Lopez Correct? Read the requirements Requirement 1. By closing down the Rhode Island store, Rivers can reduce overal corporate overhead costs by $42,000. Calculate verw's operating income il coses the thode Island more. Is Maria Lopez's statement about the feet of closing the Rhode Island store correct? Explain Begin by calculating Rivera's operating incomot comes the Rhode Island word. (Internet mange amount. Enter a ye.com is not relevant. I hentefect is an operating oss enter the amount with parentes or minus sign) Loss in Revenues) Data Table Savings in Costa Revers Connect Store Rhode Island Store Operating costs Revenues 1,000,000 $ 810.000 Cost of goods sold Lescerent renewable each year Operating Cost of goods sold 730,000 800.000 Labor costs and on an hourly basis) Leseront renewable each year) 90.000 75,000 Depreciation of equipment Labor costspaid on an hourly basis) 49.000 37 000 Lies (electricity, heating) Depreciation of equipment 21.000 24.000 Corporate overhead 42.000 42.000 Total operating Allocated corporate Overhead 38,000 Effect on operating income (os) Total operating costs 901.000 817.000 Operating income (0) $ 100.000 $ 17.000 Enter any number in the edit fields and then continue to the next question 49.000 Print Done