Need help. Will leave thumbs up. Thank you!

Exercise 6-14A (Algo) Segment elimination decision LO 6-4 Solomon Company operates three segments. Income statements for the segments imply that profitability could be improved if Segment A were eliminated. SOLOMON COMPANY Income Statements for Year 2 Segment Sales Cost of goods sold Sales commissions Contribution margin General fixed operating expenses (allocation of president's salary) Advertising expense (specific to individual divisions) Net income (loss) A $ 164,000 (129,000) (21,000) 14,000 (43,000) (5,000) $ (34,000) B $ 238,000 (73,000) (24,000) 141,000 (50,000) (15,000) $ 76,000 $251,000 (83,000) (32,000) 136,000 (36,000) 0 $100,000 Required a. Prepare a schedule of relevant sales and costs for Segment A. b. Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A. Required A Required B Prepare a schedule of relevant sales and costs for Segment A. Relevant Rev. and Cost items for Segment A Effect on income $ 0 Required A Required B > Required A Required B Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A. SOLOMON COMPANY Comparative Income Statements for the Year 2 Keep Seg. A Eliminate Seg. A Decision Sales Cost of goods sold Sales commissions 0 $ 0 Contribution margin General fixed operating expenses Advertising expense Net Income 0 $ 0