Shirley Incorporated has three divisions, King, West and Gold. All common fixed costs are unavoidable. Following is the segmented income statement for the previous year King $ 1,032,000 309,600 $ 722,400 103,200 $619,200 392,000 West $ 583,000 326,480 $256,520 37,000 $ 219,520 Sales revenue Variable costs Contribution margin. Direct fixed costs Segment margin Common fixed costs (allocated) Net operating income (loss) Required: a. What would Shirley's net income (loss) be if the West Division were dropped? b. What would Shirley's net income (loss) be if the Gold Division were dropped? $ 227,200 212,625 $ 6,895 Gold $428,000 252,520 $ 175,480 49,000 $ 126,480, 156,375 $ (29,895) Total $ 2,043,000 888,600 $ 1,154,400 189,200 $ 965,200 761,000 $204,200