Members of the board of directors of Safety Point have received the following operating income data for the year ended May 31, 2018 (Click the icon to view the operating income data) Members of the board are surprised that the industrial systems product line is not profitable. They commission a study to determine whether the company should drop the line Company accountants estimate that dropping industrial systems will decrease fored cost of goods sold by 580,000 and decrease fixed selling and administrative expenses by $10.000 Read the requirements Requirement 1. Prepare a differential analysis to show whether Safety Point should drop the industrial systems product line (Use parentheses or a minus nign to enter decreases to profits) in operating income Data Table Safety Point Income Statement For the Year Ended May 31, 2018 Product Line Industrial Household Systems Systems Total $ 300,000 $ 320,000 $ 620,000 Net Sales Revenue Cost of Goods Sold! Variable 34,000 220.000 44,000 64.000 78,000 284,000 Fixed 254 000 108,000 362,000 Total Cost of Goods Sold Gross Profit 46,000 212,000 258,000 Selling and Administrative Expenses. Variable 61 000 39,000 76 000 21,000 137 000 60,000 Fixed 100,000 97 000 197,000 Total Selling and Administrative Expenses $ (54,000) $ 115,000 $ 61,000 Operating Income (Loss Members of the board of directors of Safety Point have received the following operating income data for the year ended May 31, 2018 Click the icon to view the operating income data.) Members of the board are surprised that the industrial systems product line is not profitable. They commission a study to determine whether the company should drop the line. Company accountants estimate that dropping industrial systems will decrease fixed cost of goods sold by $80,000 and decrease fixed selling and administrative expenses by 510.000 Read the requirements Requirement 1. Prepare a differential analysis to show whether Safety Point should drop the industrial systems product line. (Use parentheses or a minus sign to enter decreases to profits ) in operating income