(a) Prepare a revised income statement showing the segment margin for each division. Weak Average Strong Sales $ ta Variable expense Contribution margin A Direct expense Segment margin $ $ $ Allocated expense Operating income : Current Attempt in Progress Oriole, Inc. operates three divisions, Weak, Average, and Strong. As it turns out, the Weak division has the lowest operating income, and the president wants to close it. Survival of the fittest, I say!" was his response when the Weak division's manager, insisted William, that his division earned money for the company. Following is the most recent financial analysis for each division: Weak $125,200 55,000 Average $447,000 245,400 Strong $524,500 302,200 Sales revenue Variable expenses Contribution margin Direct expenses Allocated expenses Operating income 70,200 32,900 67,800 $(30,500) 201,600 75,100 67,800 $58,700 222,300 116,600 67,800 $37,900