Rooney Company operates three segments. Income statements for the segments imply that profitability could be improved it Segment A were eliminated ROONEY COMPANY Income Statements for Year 2 Segment Sales Cost of goods sold Sales commissions Contribution margin General fixed operating expenses (allocation of president's salary) Advertising expense (specific to individual divisions) Net income (loss) $ 168,000 $244,000 (130,000) (78,000) (20,000) (22,000). 18,000 144,000 (40,000) (34,000) (4,000) 16,000) $ (26,000) $ 94,000 $252,000 (91,000) (30,000) 131,000 (33,000) 0 $ 98,000 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. Required A Required B Prepare a schedule of relevant sales and costs for Segment A. Relevant Rev. and Cost items for Segment A Effect on income (Required A Required B > 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 2 Decision Keep Seg. A Eliminate Seg. A Sales Cost of goods sold Salos commissions Contribution margin General fixed operating expenses Advertising expense Net Income