Magnolia Incorporated has been concerned for some time with the financial performance of its product 1115 and has considered discontinuing it on several occasions. Data from the company's accounting system appear below: Sales Variable Expenses Fixed Manufacturing Expenses $760,000 $350,000 $258,000 Fixed Selling and Administrative Expenses $198,000 In the company's accounting system all fixed expenses of the company are fully allocated to products. Further investigation has revealed that $160,000 of the fixed manufacturing expenses and $110,000 of the fixed selling and administrative expenses are avoidable if product 111S is discontinued. What would be the effect on the company's overall net operating income if product 111S were dropped? O a. $140,000.00 O b. $50,000.00 O c. $250,000.00 d. $300,000.00