Differential Analysis for a Discontinued Product A condensed income statement by product line for Crown Beverage Inc. indicated the following for King Cola for the past year-i Sales Cost of goods sold Gross profit Operating expenses Loss from operations It is estimated that 15% of the cost of goods sold represents fixed factory overhead costs and that 19% of the operating expenses are fixed, sin $237,300 110,000 $127.300 142,000 $ (14.700)