Data table Top managers of Texas Flocring are alarmed by their operating losses. They are considoring dropping the laminate flocring product fine. Company accountants have prepared the following analysis to help make this decision: (Click the icon to view the analybis.) Total fred costs will not change if the company stops selling laminate flooring. Read the tequirements: Requirement 1. Propare an incremental anabsis to show whether Texas Flooning should discontinue the laminate floceing product line. Wal discontinuing larrinate foorng add $28,000 to. opecating income? Explain. (Enter a " 20 ' in an input feld if there is no expected change as a teasut of discontinuing the laminate fooring product in this scenaria.) Requirements 1. Prepare an incremental analysis to show whether Texas Flooring should discontinue the laminate flooring product line. Will discontinuing laminate flooring add $28,000 to operating income? Explain. 2. Assume that the company can avoid $32,000 of fixed expenses by discontinuing the laminate flooring product line (these costs are direct fixed costs of the laminate flooring product line). Prepare an incremental analysis to show whether the company should stop selling laminate flooring. 3. Now, assume that all of the fixed costs assigned to laminate flooring are direct fixed costs and can be avoided if the company stops selling laminate flooring. However, marketing has concluded that wood flooring sales would be adversely affected by discontinuing the laminate flooring line (retailers want to buy both from the same supplier). Wood flooring production and sales would decline 10%. What should the company do