Members of the board of directors of Deluxe Safety have received the following operating income data for the Company accountants estimate that discontinuing the industrial systems line will decrease fxed cost of goods year just ended (Click the icon to view the operating income data.) Members of the board are surprised that the industrial systems product line is losing money. They commission a study to determine whether the company should discontinue the line sold by $79,000 and decrease fixed marketing and administrative expenses by $10,000 Read the requirements. Requirement 1. Prepare an incremental analysis to show whether Deluxe Safety should discontinue the industrial systems product line. Incremental Analysis for Discontinuation Decision Total Data Table Contribution margin lost if Industrial Systems is discontinued Less: Fixed cost savings if Industrial Systems is discontinued Operating income if Industrial Systems is discontinued Deluxe Safety Product Line Contribution Margin Income Statement For the Year Product lines Industrial Household Company Systems Systems Total Sales revenue Less cost of goods sold: $ 300,000 S 310,000 S 610,000 73,000 65,000 325,000 6,000 $ 206,000 S 212,000 Variable 34,000 39,000 260,000 Fixed Gross profit Less marketing and administrative expenses: 76,000 139,000 63,000 Variable 63,000 39,000 24,000 Fixed Choose from any list or enter any number in the input fields and then click Check Answer $ 96,000) S106,000 S 10,000 Operating income (loss)