07 5 3 DO Exercise 10-8 (Static) Segment elimination LO P4 Marin Company makes several products, including cances. The company reports a loss from its canoe segment (see below). All its variable costs are avoidable, and $300,000 of its fixed costs are avoidable en Theo Sales # 980,000 Variable cost 700,000 Contribution margin 200,000 Pixed costs 340.000 The los $ 60,000) (a) Compute the income increase or decrease from eliminating this segment. b) Should the segment be continued or eliminated? Complete this question by entering your answers in the tabs below. Required A Itequired Compute the income increase or decrease from eliminating this segment. Hem Elimination Analysis Continue Eliminate income increase (Decrean) Income a Required 3 MC