Segment Sales Cost of goods sold Sales commissions PATTERSON COMPANY Income Statements for the Year 2014 A B $165,000 $240,000 (121,000) (92,000) (15,000) (22,000) C $250,000 (95,000) (22,000) 29,000 144,000) 126,000 (52,000) 133,000 (44,000) Contribution margin General fixed oper. exp. (allocation of president's salary) Advertising expense (specific to individual divisions) (3,000) (10,000) 0 Net income $ (18,000) $ 64,000 $ 89,000 Required b. Prepere comparative income statements for the company as a whole unde alternatives the retention of Segment A and the elimination of Segment A PATTERSON COMPANY Comparative Income Statements for the Year 2014 Decision Keep Segment Eliminate Segment A Sales Cost of goods sold Sales commissions Contribution margin Generalfred operating expenses Advertising expense Net Income