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 Store South Store East Store Total Sales $3,300,000 $820,000 $1,300,000 $1,180,000 715,000 Cost of goods sold Gross margin Selling and administrative expenses: 1,823,200 459,200 649,000 1,476,800 360,800 585,000 531,000 Selling expenses 912,500 263,400 454,400 128,060 346,500 175,800 302,600 150,540 Total expenses 1,366,900 391,460 522,300 453,140 Net operating income (loss) $ 109,900 $(30,660) 62,700 $ 77,860 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