This is a mult part problem. It has required A which you can see Required B- which ask you to calculate what the company's net income would be if Division Y were closed downSo Net Income without Division Y ?Required C ask What is the policy statement related to the allocation of fixed expenses? Thank you

The president of Eaglesway Incorporated attended a seminar about the contribution margin model and returned to her company full of enthusiasm about it. She requested that last year's traditional model income statement be revised, and she received the following report. Division Total Company X Z Sales $ 424, 000 $ 168, 000 $ 108, 000 $ 148,000 Variable expenses 243, 000 101, 000 62, 000 80, 900 Contribution margin $ 181, 000 $ 67,000 $ 46, 000 $ 68,000 Fixed expenses 133, 000 44, 000 49, 000 40, 090 Net income (loss) $ 48, 000 $ 23, 000 $ (3,000) $ 28,000 The president was told that the fixed expenses of $133,000 included $93,000 that had been split evenly between divisions because they were general corporate expenses. After looking at the statement, the president exclaimed, "I knew it! Division Y is a drag on the whole company. Close it down!" rint Required: a. Evaluate the president's remark. b. Calculate what the company's net income would be if Division Y were closed down. rences c. What is the policy statement related to the allocation of fixed expenses? Complete this question by entering your answers in the tabs below. Required A Required B Required C Evaluate the president's remark. Evaluate the president's remark Required B >