9 .Time: 15 minutes .Total: 10 marks The management accountant for the Chocolate S'more Company has prepared the following income statement for the most current year: Chocolate Other Candy Fudge Total Sales $40,000 $25,000 $35,000 $100,000 Cost of goods sold 26.000 15.000 19.000 60,000 Contribution margin $14,000 $10,000 $16,000 $40,000 Delivery and ordering costs 2,000 3,000 2,000 7,000 Rent (per sq. metre used") 3,000 3,000 2,000 8,000 Allocated corporate costs 5.000 5.000 5.000 15.000 Corporate profit $4,000 S(1,000) $7.000 $10,000 * The company pays for the entire space and allocates based on sq. metres used. Required: a. Do you recommend discontinuing the Other Candy product line? Why or why not? b. If the Chocolate product line had been discontinued, corporate profits for the current year would have decreased by what amount