(Click the ioon for addinonsh indormatioc) continuing its fruity rings product line. Assume that during the past year, the fruity rin statement data.) (i. (Click the icon for additional information.) the product line, what will happen to the company's operating income? Should Whe Data table is considering discontinuing its fruity rings product line. Assume that during the past year, the fruity rings' lo view the income siatement data.) (i) (Cick the icon lor additonal information.) des to discontinue the product line, what wili happen to the compary's operating income? Should Whoutu a contribution margin income statement for the fruty rings' product line. (Use a minus sign or parentheses More info Fixed manufacturing overheod costs account for 40% of the cost of goods, whice only 30 , of the operating expenses are fowd. Since the Inuly ings line is just one of the company's cereal operasions, only $780,000 of diect fixed costs (the msiority of which is advertising) will be eliminated if the product line is discontinued. The remainder of the fixed costs will stil be incurred by the company