ZIRANI | Hhework-Part 15 points 03 3 Exercise 11-2 Dropping or Retaining a Segment (LO11-2] The Regal Cycle Company manufactures tree types of bicycles-a det ble maten okeandang Das on sales and expenses for the pet 4024 01 Contribution re Allocated find s Total genjes M Wocated on the sof Management concerned about the continued oss shown by the racing bikes and wants a recomendation as to whether or the line should be discontinued. The special equipment used to produce acing bes has me save and does n Require What is the fecal advantage advantage) per queer of cornung 2. Should the production and see of racing ties t 3 Prepare a property formatted segmeniet income statement that woude management profatty of the various product in Complete this question by entering your ars in the tabs bel Check 04.02.26 Complete this question by entering your answers in the tabs below. Book Required 1 Required 2 Required 3 Hor rences Prepare a properly formatted segmented income statement that would be more unaful to management in assessing the long run profitability of the various product fines. Contribution margin (loss) Traceable ad expenses Total traceable Sxed expenses Product line segment margin (loss) Net operating Income (loss) Totals Dirt Bikes Mountain Bikes Racing Bikes