Prepare an incremental analysis concerning the possible discontinuance of i. Division III and ii. Division IV. B. Based on your analysis in above, what course of action do you recommend for each division? Justify your recommendation. C. Prepare a columnar condensed income statement for Panda Corporation, assuming Division IV is eliminated. Division IV's unavoidable fixed costs are allocated equally to the continuing divisions. D. Reconcile the total income from operations ($129,000) with the total income from operations without Division IV.