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: Selling and administrative expenses: Sales Cost of goods sold Gross margin Selling expenses Administrative expenses Total expenses Net operating income (loss) Superior Markets, Incorporated Income Statement Total $ 4,020,000 2,220,648 1,799,352 For the Quarter Ended September 30 North Store South Store $ 964,800 540,288 $ 1,608,000 884,400 East Store $ 1,447,200 795,960 424,512 723,600 651,240 310,076 422,100 362,604 142,040 452,116 202, 206 624,306 168,974 531,578 $ 191,352 $ (27,604) $ 99,294 $ 119,662 1,094,780 513,220 1,608,000 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: