Problem 2-Closing a segment The most recent monthly in come statement for Kennaman Stores is given below: Total Store IStore II Sales Less variable expense. 1.200.000 Contribution margin .. Less traceable fixed expenses Segment margin. Less common fixed expenses.. Net operating income...S 100,000 SC 40,000) $140000 $2,000,000 $1,200,000 $800,000 800,000 4 440,000 400,000 220,000 180,000 140,000 260,000 120,000 360,000 300.000180.000 Kennaman is considering closing Store I. If Store I is closed, one-fourth of its traceable fixed expenses would continue unchanged. Also, the closing of Store I would result in a 20% decrease in sales in Store II. Kennaman allocates common fixed expenses on the basis of sales dollars. Required: Compute the overall increase or decrease in Kennaman's net operating income if Store I is closed