ROONEY COMPANY Income Statements for the Year 2018 Segment Sales cost of goods sold Sales commissions Contribution margin General fixed operating expenses (allocation of president's salary) Advertising expense (pecific to individual divisions) Net income $ 171,000 (121,000) (21,000). 29.000 (34,000) (2.000) $ (12,000) $245,000 (76,000) (32,000). 137,000 (34,000) 2.000) $ 84,000 $262,000 (93,000) 122,000). 146,000 (39,000) $107,000 equired Prepare a schedule of relevant sales and costs for Segment A. Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A. Complete this question by entering your rers in the tabs below. Required A Required B Prepare comparative Income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A. ROONEY COMPANY Comparative Income Statements for the Year 2018 Decision Keep Seg. A Eliminate Seg. A Sales Cost of goods sold Sales commissions Contribution margin $ 0 $ General fixed operating expenses Advertising expense Net Income $ 0 $ Required A HOONET COMPANY Income statements for the Year 2018 Segment Cost of goods sold Sales comissions Contribution margin General Fixed operating expenses (allocation of president's sal Advertising expense (apecific to individual divisions) Net income $ 171,000 $245,000 (121,000) (76.000) (21,000). (22,900), 29,000 137,000 (34,000) (34,000) (2.000) (19.000) $ (12,000) $ 84,000 $262,000 (93,000) 123,000) 146,900 (39,000) $107,000 Required a. Prepare a schedule of relevant sales and costs for Segment A b. Prepare comparative Income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a schedule of relevant sales and costs for Segment A. Relevant Rev. and Cost items for Segment A Emoct on income