Can someone please help me figure part B out along with the final number in C

Variable and Absorption CostingThree Products Winslow Inc. manufactures and sells three types of shoes. The income statements prepared under the absorption costing method for the three shoes are as follows: Winslow Inc. Product Income StatementsAbsorption Costing For the Year Ended December 31, 20Y1 Cross Training Shoes Golf Shoes Running Shoes Revenues $339,600 $197,000 $165,500 Cost of goods sold 176,600 96,500 110,900 Gross prot $163,000 $100,500 $54,600 Selling and administrative expenses 140,200 72,400 91,200 Income (loss) from operations $22,300 $28,100 $(36,600) In addition, you have determined the following information with respect to allocated xed costs: TCr-os-s Golf Running a n n r ' ' 9 Shoes Shoes Shoes Fixed costs: Cost of goods sold $54,300 $25,600 $23,200 Selling and administrative expenses 40,800 23,600 23,200 These xed costs are used to support all three product lines. In addition, you have determined that the inventory is negligible. The management of the company has deemed the prot performance of the running shoe line as unacceptable. As a result, it has decided to eliminate the running shoe line. Management does not expect to be able to increase sales in the other two lines. However, as a result of eliminating the running shoe line, management expects the prots of the company to increase by $36,600. a. Are management's decision and conclusions correct? Management's decision and conclusion are incorrect J . The prot will not J be improved because the xed costs used in manufacturing and selling running shoes will not J be avoided if the line is eliminated. b. Prepare a variable costing income statement for the three products. Enter a net loss as a negative number using a minus sign; enter all other amounts as positive numbers. Winslow Inc. Variable Costing Income Statements-Three Product Lines For the Year Ended December 31, 20Y1 Cross Training Shoes Golf Shoes Running Shoes Revenues v 339,600 $ 197,000 V $ 165,500 Variable cost of goods sold v Manufacturing margin v Variable selling and administrative expenses v Contribution margin v Fixed costs: Fixed manufacturing costs v to Fixed selling and administrative expenses v Total fixed costs Income from operations 10000 Feedback Check My Work c. Use the report in (b) to determine the profit impact of eliminating the running shoes line, assuming no other changes. If the running shoes line were eliminated, then the contribution margin of the product line would be eliminated v and the fixed costs would not v be eliminated. Thus, the profit of the company would actually decline v by $ . Management should keep the line and attempt to improve the profitability of the product by increasing v prices, increasing v volume, or reducing v costs