Teenie Tiny Houses, Inc. constructs has three divisions. Please use the following data to determine if it should eliminate a division. (Complete the chart) Little $1,000,000 700,000 Tiny $3,000,000 2,000,000 Teenie Tiny $7,000,000 4,500,000 Total $11,000,000 7,200,000 Sales Variable Costs Contribution Margin Fixed Costs Income (Loss) 200,000 1,100,000 750,000 2,050,000 If Teenie Tiny Houses, Inc. eliminated the Tiny division, the following would ocor. Little $1,000,000 700,000 Teenie Tiny $7,000,000 4,500,000 Total $8,000,000 5,200,000 Sales Variable Costs Contribution Margin Fixed Costs Income (Loss) 200,000 1,800,000 2,000,000 Should Teenie Tiny Houses, Inc. eliminate the Tiny Division? If Yes, then why? If No, then how much of the fixed costs for the Tiny Division was actually eliminated if the Tiny Division is closed down? + Calculate the payback period if you were to make an initial investment of $98,000 with an annual net cash flow of $16,000