apters 22 to 24 0 Help Save & ER Required information The following information applies to the questions displayed below) Dalton Co. follows a policy of allocating all common costs equally among its profit centers. A partial responsibility income statement for a typical month is shown below: Profit Profit 55,000 Responsibility is Common fixed costs Income LED operations $215.000 1700 $36,500 85.000 $75.000 000 $25,500 $15,500 $14,500) After evaluating these data, Dalton Co. decides to close Profit Center 3. This action eliminates all revenue, variable costs, and fixed costs traceable to Center 3, but eliminates only $39,000 in common fixed costs. Closing Profit Center 3 has no effect upon the responsibility margins of Centers 1 and 2 Closing Profit Center 3 should cause Dalton's monthly operating income to Multiple Choice 0 Increase by $16.000 0 increase by $4,500 0 Decrease by $16,000 0 Decrease by $20,500