Segmented Income Statement for MSI'S ToddleTown Tours Product Lines Post Pet Store Grocery Office Parade Getaway Polka Total Sales revenue $150,000 $145,000 $39,000 $334,000 Variable costs 63,000 59,000 35,000 157,000 Contribution margin $ 87,000 $ 86,000 $ 4,000 $177,000 Less: Direct Fixed costs 8,800 9,100 3,700 21,600 Segment margin $ 78,200 $ 76,900 $ 300 $155,400 Less: Common fixed costs* 7,500 7,250 1,950 16,700 Net operating income (loss) $ 70,700 $ 69,650 $(1,650) $138,700 Allocated based on total sales revenue. MSI has determined that elimination of the Post Office Polka (POP) program would not impact sales of the other two items. The remaining fixed overhead currently allocated to the POP product would be redistributed to the remaining wo products. Required: 1. Calculate the incremental effect on profit if the POP product is eliminated. 2. Should MSI drop the POP product? 3-a. Calculate the incremental effect on profit if the POP product is eliminated. Suppose that $1,200 of the common fixed costs could be avoided if the POP product line were eliminated. 3-b. Should MSI drop the POP product