I do not know what to do for letter C, please do provide work thank you!

Cost of goods sold Selling and administrative expenses $64,400 48,300 $32,500 30,000 $29,000 29,000 These fixed costs are used to support all three product lines and will not change with the elimination of any one product. In addition, you have determined that the effects of inventory may be ignored. The management of the company has deemed the profit performance of the running shoe line as unacceptable. As a result, it has decided to eliminate the running shoe line. Management does not expect to be able to increase sales in the other two lines. However, as a result of eliminating the running shoe line, management expects the profits of the company to increase by $45,800. a. Are management's decision and conclusions correct? Management's decision and conclusion are incorrect . The profit will not because the fixed costs used in manufacturing and selling running shoes will not be improved be avoided if the line is eliminated. b. Prepare a variable costing income statement for the three products. Enter a net loss as a negative number using a minus sign. Winslow Inc. Variable Costing Income Statements-Three Product Lines For the Year Ended December 31, 20Y1 Cross Training Golf Shoes Shoes Revenues 402,800 $ 249,700 Variable cost of goods sold 145,100 89,900 Running Shoe $ 207,300 109,900 Manufacturing margin 257,700 $ 159,800 $ 97,400 85,200 Variable selling and administrative expenses 117,900 61,700 Contribution margin 139,800 $ 98,100 $ 12,200 Fixed costs: Fixed manufacturing costs 64,400 $ 29,000 Fixed selling and administrative expenses 48,300 29,000 32,500 $ 30,0000 62,500 $ 35,600 $ Total fixed costs 112,700 58,000 -45,800 A 27,100 Operating income (loss) c. Use the report in (b) to determine the profit impact of eliminating the running shoe line, assuming no other changes. If the running shoes line were eliminated, then the contribution margin of the product line would be eliminated and the fixed costs would not be eliminated. Thus, the profit of the company would actually decline by $ | x . Management should keep the line and attempt to improve the profitability of the product by increasing prices, increasing blume, or reducing costs