Superior Markets, Incorporated, 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, Incorporated Income Statement Total Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Total expenses Net operating income (loss) For the Quarter Ended September 30 North Store. $ 3,300,000 1,822,920 $ 792,000 443,520 South Store $ 1,320,000 726,000 East Store $ 1,188,000. 653,400 1,477,080 348,480 594,000 534,600 898,700 254,540 346,500 297,660 421,300 116,600 165,990 138,710 1,320,000 371,140 512,490 436,370 $ 157,080 $ (22,660) $ 81,510 $ 98,230 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: a. The breakdown of the selling and administrative expenses that are shown above is as follows: