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Stretch Inc sells both pea pants and pea mats Managers for Stretch are concerned about their operating losses Thev are considering dropping their pea mat product lina Operating income bv prouct line is shcnnn belcn'[ Prepare a new operating income analysis assuming Stretch will onlvsell pea pants Then explain whvStretch should drop the pea Stretch Inc. Income Statement For year ended December 31, 2017 Sales Revenue Variable Costs Contribution Margin Fixed Costs: Fixed Manufacturing Selling & Administrative Operating Income Total 425,000 221,000 Yoga Pants S 299,000 163,000 Yoga Mats S 126,000 41,000 61,000 (32,000) Stretch Inc Income Statement For year ended December 31, 2017 Total Sales Revenue Variable Costs Contribution Margin Fixed Costs: Fixed Manufacturing Selling & Administrative Operating Income Explanation: