34. The management of Heider Corporation is considering dropping product I 14V. Data from the company's accounting system appear below: Sales ......................................................................... $920,000 Variable expenses ................................................. $377,000 Fixed manufacturing expenses ........................... $359,000 Fixed selling and administrative expenses ........ $239,000 In the company's accounting system all xed expenses of the company are fully allocated to products. Further investigation has revealed that $211,000 of the xed manufacturing expenses and $172,000 of the fixed selling and administrative expenses are avoidable if product I 14V is discontinued. What would be the effect on the company's overall net operating income if product I 14V were dropped? A. Overall net operating income would decrease by $55,000. B. Overall net operating income would increase by $160,000. C. Overall net operating income would increase by $55,000. D. Overall net operating income would decrease by $160,000