Differential Analysis for a Discontinued Product The condensed product-line income statement for Phinebeck Company for the month of October is as follows: Rhinebeck Company Product-Line Income Statement rixeu costs are 10% of the cost of poods sold and 37% of the selling and administrative expenses. Rhinebeck Company assumes that fixed costs would not be materially affected if the Gloves line were discontinued. a. Prepare a differential analysis dated October 31 to determine if Mufflers should be continued (Alternative 1) or discontinued (Alternative 2). If an amount is zero, enter " 0. If required, use a minus sign to indicate a loss. Fixed costs are 16% of the cost of goods sold and 37% of the selling and administrative expenses. Rhinebeck Company assumes that fixed costs would not be materially affected if the Gloves line were discontinued. a. Prepare a differential analysis dated October 31 to determine if Muffiers should be continued (Alternative 1) or discontinued (Alternative 2). If an amount is zero, enter " 0 . . If required, use a minus sign to indicate a loss. b. Should the Mufflers line be retained