Solomon Company operates three segments. Income statements for the segments imply that profitability could be improved if Segment A were eliminated. SOLOMON 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) Required a. Prepare a schedule of relevant sales and costs for Segment A. $ 162,000 (123,000) (21,000) 18,000 (36,000) (7,000) B $ 249,000 (76,000) (31,000) 142,000 (51,000) (12,000) $ (25,000) $ 79,000 $ 260,000 (81,000) (29,000) 150,000 (35,000) $ 115,000 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 Complete this question by entering your answers in the tabs below.