Superior Markets, Inc., operates three stores in a large metropolitan area. A segmented absorption costing income statement for the company for the last quarter is given below: Superior Markets, Inc. Income Statement For the Quarter Ended September 30 North South East Total Store Store Store Sales $3,200,000 $740,000 $1,280,000 $1,180,000 688,000 649,000 Cost of goods sold 1,760.000 423.000 Gross margin 1,440.000 317.000 592.000 531.000 Selling and administrative expenses: Selling expenses: 821.000 233.400 316.000 271.600 153,900 Administrative expenses 393.000 108.000 131,100 Total expenses 1,214,000 341,400 469,900 402.700 226,000 (24,400) 122,100 128,300 Net operating income (loss) The North Store has consistently shown losses over the past two years. For this reason, management is giving consideration to closing the store. The company has asked you to make a recommendation as to whether the store should be closed or kept open. The following additional information is available for your use