The monthly income statement for Jordan Stores is given below: First Second Total Branch Branch P P Sales Less: Variable 1,200,000 800,000 2,000,000 Expenses 840,000 360,000 1,200,000 Contribution P P P Margin 360,000 440,000 800,000 Less: Traceable Fixed 210,000 180,000 390,000 Expenses Segment P P Margin 150,000 260,000 410,000 Less: Common Fixed 180,000 120,000 300,000 Expenses P ( P P Profit (Loss) 30,000) 140,000 110,000 What will be the new company profit (loss) if First Branch is eliminated? P 140,000 P (250,000) P (40,000) P 40,000