Differential Analysis Report for a Discontinued Product The condensed product-line income statement for Porcelain Tableware Company is as follows: PORCELAIN TABLEWARE COMPANY Product-Line Income Statement Light Medium Dark Roast Roast Roast Sales $648,000 $895,000 $275,000 Cost of goods sold (255,000) (319,000) (156,000) Gross profit $393,000 $576,000 $119,000 Selling and administrative expenses (304,000) (350,000) (161,000) Operating income (loss) $89,000 $226,000 $(42,000) Fixed costs are 38% of the cost of goods sold and 16% of the selling and administrative expenses. Porcelain Tableware assumes that fixed costs would not be significantly affected if the Dark Roast line were discontinued. a. Prepare a differential analysis report for all three products. PORCELAIN TABLEWARE COMPANY Product-Line Income Statement Differential Analysis Report Light Medium Roast Roast Differential revenue from monthly sales: Dark Roast Differential cost of monthly sales: Total differential costs $ Monthly differential income from sales $ b. Should the Dark Roast line be retained