(Click the icon to view the analysis.) Total fxce costs will not change if the company stops selling laminate flooring. Read the Eequirementis. input field if there is no expected change as a result of discontinuing the laminste flooring product in this scenario.) Data table Requirements 1. Prepare an incremental analysis to show whether Pennsybania Flooring shouk ciscontinue the laminate flooring Mroduct line. Will clacontinuing laminate flooing add $24,000 to operating Income? Explain. 2. Assume that the compery can avoid $29,000 of fixed expenses by discontinuing the lerrinate fooring product line ithese costa are direct fixed costs of the laminate flooring product line). Prepare an incremental aralysis to stow wheiter the comreany should stop selling lartinate flocring. 3. Now, assume that all of the fixed costs assigned to laminate fiooring are dlrect flxed coats and can be avoided if the company stops selling laminate flooring. However, marketing has concluded that wood flocing sales would be adversely affected by dlscontinulng the laminate flooring line iretallers want to buy both from the same supplieri. Wood fooring production snd sales would decline 10%. What should the company do? (Click the icon to view the analysis.) Total fxce costs will not change if the company stops selling laminate flooring. Read the Eequirementis. input field if there is no expected change as a result of discontinuing the laminste flooring product in this scenario.) Data table Requirements 1. Prepare an incremental analysis to show whether Pennsybania Flooring shouk ciscontinue the laminate flooring Mroduct line. Will clacontinuing laminate flooing add $24,000 to operating Income? Explain. 2. Assume that the compery can avoid $29,000 of fixed expenses by discontinuing the lerrinate fooring product line ithese costa are direct fixed costs of the laminate flooring product line). Prepare an incremental aralysis to stow wheiter the comreany should stop selling lartinate flocring. 3. Now, assume that all of the fixed costs assigned to laminate fiooring are dlrect flxed coats and can be avoided if the company stops selling laminate flooring. However, marketing has concluded that wood flocing sales would be adversely affected by dlscontinulng the laminate flooring line iretallers want to buy both from the same supplieri. Wood fooring production snd sales would decline 10%. What should the company do