give correct answers of both in 20 min i will thumb up

QUESTION 46 Sales A company has three product lines, one of which reflects the following results: HK$215,000 Variable expenses 125.000 Contribution margin 90.000 Fixed expenses 130,000 Net loss HK$ (40.000) If this product line is eliminated, 60% of the fixed expenses can be eliminated and the other 40% will be allocated to other product lines. If management decides to eliminate this product line, the company's net income will increase by HK$40,000. decrease by HK$90,000. decrease by HK$12,000. increase by HK$12,000. QUESTION 47 North Division has the following information: Sales 1,200,000 Variable expenses 640,000 Fixed expenses 620,000 If this division is eliminated, the fixed expenses will be allocated to the company's other divisions. What is the incremental effect on net income if the division is dropped? 60,000 increase 620,000 decrease 560,000 580,000 increase