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I do not understand this problem please help me out with this problem. Do It! Review 7-6 Gator Corporation manufactures several types of accessories. For

I do not understand this problem please help me out with this problem.

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Do It! Review 7-6 Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $489,000, variable expenses of $360,000, and xed expenses of $140,000. Therefore, the gloves and mittens line had a net loss of $11,000. If Gator eliminates the line, $35,000 of fixed costs will remain. Prepare an analysis showing whether the company should eliminate the gloves and mittens line. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net Income Continue Eliminate Increase (Decrease) Sales $ $ $ Variable costs Contribution margin Fixed costs Net income/ (Loss) $ $ $ A The analysis indicates that Gator should ' the gloves and mittens line. LINK TO TEXT

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