With solutions please

The monthly income statement for Jordan Stores is given below: 1st Branch Total 2nd Branch P 800,000 Sales P 1,200,000 P 2,000,000 840,000 360,000 1,200,000 P360,000 P 440,000 P800.000 210,000 180,000 390,000 Less: Variable Expenses Contribution Margin Less: Traceable Fixed Expenses Segment Margin Less: Common Fixed Expenses Profit (Loss) P150,000 P 260,000 P410,000 180,000 120,000 300,000 P (30,000) P 140,000 P110,000 What will be the new company profit (loss) if 1st Branch is eliminated? P (40,000) 40,000 OP 140,000 OP (250,000)