3Peat Sports Manufacturer produces equipment for three sports: baseball, basketball, and golf. The accountants prepared a segmented contribution margin statement for the past year based on the three types of products manufactured as shown below. The CEO is concerned with the basketball equipment segment as it has been showing a loss for the past few years 3 Peat Sports Manufacturer Segmented Contribution Margin Statement For the Year Ended December 31, 2019 Baseball Basketball Golf Total Revenue 5706,000 $793,000 $472,000 $1,971,000 Variable Costs $238,000 $275,000 $212,000 5725,000 Contribution Margin 5468,000 $518,000 $260,000 $1,246,000 Fred Costs 5400,000 5609.000 $183,000 $1,192,000 Income from Operations $68,000 5-91.000 $77,000 $54.000 Recommend whether 3Peat should keep or drop the basketball equipment product line based on the following independent scenarios: Do not enter dollar soms or commes in the input boxes Use the negative ion for decrease in income Indicate keep or dron using the deep down lists aj it the line is dropped, assume that all the towed costs relating to the basketbal equipment segment would remain with the company. Change in Income from Operations: 5 Peat should the basketball line by Assume that all the fired costs relating to the basketball segment would no longer be incurred by the company if the product line is dropped Change in income from Operations: 5 Peat should the basketball tine Only 30% of the foxed costs relating to the basketball segment would remain with the company if the product line is dropped Change in Income from Operations Peat should the basketball line