Blossom, inc. operates three divisions, weak, average, and strong. as it turns out, the weak division has the lowest operating income, and the president wants to close it. "survival of the fittest, i say! " was his response when the weak division's manager insisted that his division earned money for the company. following is the most recent financial analysis for each division weak average strong $125,000 $340,000 $500,000 50,000 190,000 300,000 sales revenue variable expenses contribution margin 75,000 150,000 200,000 30,000 50,000 operating income (5,000) $30,000 $40,000 direct expenses allocated expenses 70,000 110,000 50,000 50,000 your answer is correct. prepare a revised income statement showing the segment margin for each division weak average strong total sales 125,000 340,000 500,000 965,000 variable expense y 50,000 190,000 3 540,000 contribution margin 75,000 150,00 200,000 425,000