Differential Analysis for a Discontinued Product The condensed product-line income statement for Northern Ughts Company for the month of August is as follows: Northern Lights Company Product-Line Income Statement Fixed costs are 15% of the cost of goods sold and 45% of the selling and administrative expenses. Northern Ughts Company assumes that fixed costs would not be materially affected if the socks line were discontinued. a. Prepare a differential analysis dated August 31 to determine if Socks should be continued (Aternative 1) or discontinued (Alternative 2). If an amount is zero, enter 0%. If required, use a minus sign to indicate a loss. Differential Analysis Continue (Alt. 1) or Discontinue (Alt. 2) Socks b. Should the Socks line be retained