1. Mr. Earl Pearl, accountant for Margie Knall Co, Inc, has prepared the following product-line income d Dep L 300 The following additional information is available The factory rent of $1,500 assigned to Product C is avoidable if the product were dropped. The company's total depreciation would not be affected by dropping C. Eliminating Product C will reduce the monthly utility bill from $1,300 to $800 *All supervisor salaries are avoidable. If Product C is discontinued, the maintenance department will be able to reduce monthly expenses from $3,000 to $2,000 Elimination of Product C will make it possible to cut two persons from the administrative staff, their combined salaries total $3,000 Required: Prepare an analysis showing whether Product C should be eliminated