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T-Mobile 1:47 AM Problem 8-29 (Part Level... *Problem 8-29 (Part Level Submission) Oriole Toys' management is considering eliminating product A, which has been showing a loss for several years. The company's annual income statement, is as follows: A B C Sales $2,295,000 $1,406,000 $1,812,000 Total $5,513,000 Variable expenses 1,696,000 601,500 1,089,300 3,386,800 Contribution margin $599,000 $804,500 $722,700 $2,126,200 Advertising expense $517,000 $427,000 $521,000 $1,465,000 Depreciation expense 17,400 10,400 22,000 49,800 Corporate expenses 93,500 81,900 106,700 Total fixed expenses $627,900 $519,300 282,100 $649,700 $1,796,900 Operating income $(28,900) $285,200 $73,000 $329,300 Advertising expense - Specific to each product. Depreciation expense Specific to each product; no other use available, no resale value. Corporate expenses - Allocated based on number of employees. *(a) Restate the income statement in segment margin format. B C Total $ $ $ > $ $ $ $ Attempts: 0 of 15 used *(b) The parts of this question must be completed in order. This part will be available when you complete the part above. *(c) The parts of this question must be completed in order. This part will be available when you complete the part above.