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-/2E Current Attempt in Progress Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $500.000,

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-/2E Current Attempt in Progress Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $500.000, variable expenses of $370,000, and fixed expenses of $150,000. Therefore, the gloves and mittens line had a net loss of $20,000. If Gator eliminates the line. $38,000 of fixed costs will remain. Prepare an analysis showing whether the company should eliminate the gloves and mittens line. (Enter negative amounts using either a negative sign preceding the number es-45 or parentheses eg (45)) Sales Variable costs Contribution margin Fixed costs Net income/(Loss) $ Continue Eliminate $ $ The analysis indicates that Gator should the gloves and mittens line. Net Income Increase (Decrease) $ $

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