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Suresh Co. expects its five departments to yield the following income for next year Sales Expenses Dept. M Dept. N Dept. 0 D $73,000 Dept. P Dept. T Total 39,000 $66,000 $48,000 34,000 $260,000 24,200 17,000 37,000 54,000 Net income (loss) 6,00 (17,200) $37,000 6,000) Avoidable Unavoidable Total expenses 12,800 40,000 54,20016,200 67,000 43,200 $137,200 14,80126,200 20263,40e (23,208) (3,400) 4,800 29,000 56,200 Recompute and prepare the departmental income statements (including a combined total column) for the company unde each of the following separate scenarios. Exercise 23-10 Part 1 (1) Management eliminates departments with expected net losses. 3 Answer is complete but not entirely correct. DEPAR TMENTS WITH EXPECTED NET LOS Dept. N Dept. M Dept. O Dept. P Dept. T Total s 73,000 6 66,000 s 48,000 Sales $ 187,000 420017,000 12,800 54,200 67,000 S 6,000 54,000 14,000 126,200 180,200 (14,000) S 6,800 6.2004 4,80037 370001 54,000 14,0000 29,000 (16,200) 37,000 16,200 Total expenses Net income (loss) (6,000) S (