Thornton Company operates three segments. Income statements for the segments Imply that profitability could be improved if Segment A were eliminated. THORNTON COMPANY Income statements for Year 2 segment Sales Cost of goods sold Sales commissions Contribution margin General fixed operating expenses (allocation of president's salary) Advertising expense (specific to individual divisions) Net income (loss) $ 166,000 (125,880) (22,880) 19,880 (38,000) (5,880) $ (24,880) B $235,000 (89, 880) (25,880) 121,888 (42,880) (16,800) $ 63,000 $246,080 (77,888) (24,880) 145,888 (41,000) $184,800 Required a. Prepare a schedule of relevant sales and costs for Segment A. b. Prepare comparative Income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a schedule of relevant sales and costs for Segment A. Relevant Rev. and Cost items for Segment A Sales Effect on income Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A. THORNTON COMPANY Comparative Income Statements for the Year 2 Decision Keep Seg. A Eliminate Seg. A Sales Cost of goods sold Sales commissions Contribution margin General fixed operating expenses Advertising expense Net Income