Scenario 3b. Sanchez Corporation runs two convenience stores, one in Connecticut and one in Rhode Island. Operating income for each store in 2023 is as follows: The equipment has a zero disposal value. In a senior management meeting, Maria Lopez, the management accountant at Sanchez Corporation, makes the following comment, "Sanchez can increase its profitability by closing down the Rhode Island store or by adding another store like it." Note that by closing down the Rhode Island store, Sanchez can reduce overall corporate overhead costs by $44,000. Required: 1. Calculate Sanchez's operating income if it closes the Rhode Island store. 2. Is Maria Lopez's statement about the effect of closing the Rhode Island store correct? Explain