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K Suppose Creamy Oat is considering discontinuing its yummy pebbles product line. Assume that during the past year, the yummy pebbles' product line income

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K Suppose Creamy Oat is considering discontinuing its yummy pebbles product line. Assume that during the past year, the yummy pebbles' product line income statement showed the following: (Click the icon to view the income statement data.) (Click the icon for additional information.) If the company decides to discontinue the product line, what will happen to the company's operating income? Should Creamy Oat discontinue the yummy pebbles product line? Begin by preparing a contribution margin income statement for the yummy pebbles' product line. (Use a minus sign or parentheses to enter a loss.) Sales revenue $ 5,350,000 Less Cost of goods sold Contribution margin Less Operating expenses Operating income (loss) L

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