Exercise $1-31($Algo$)$ Cost Data for Managerial Purposes $($LO $1-3)$

Swain Athietic Gear $($SAG$)$ operates six retail outlets in a large Midwest city. One is in the center of the city on Cornwall Street and the others are scattered around the perimeter of the city. Management at SAG is concerned about declining sales and profitability of the Cornwall store and believes that outlet has been a drag on profits in recent years. The most recent income statement for the Cornwall store follows.

$\backslash$table$[[\backslash$table$[[$SWAIN ATHLETIC GEAR$],[$Cornwall Street Store Income Statement$],[$For the Year Ending February $28]]],[$Sales revenue,$$13,400,000$