Members of the board of directors of Security Alarms 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 decrease fixed cost of goods sold by $81,000 and decrease fixed selling and administrative expenses by $14,000. Read the requirements. i Data Table Security Alarms Contribution Margin Income Statement For the Year Ended May 31, 2018 Totals With Totals Without Industrial Systems Industrial Systems Change if Industrial Systems Is Dropped Net Sales Revenue Variable Costs: Security Alarms Income Statement For the Year Ended May 31, 2018 Product Line Industrial Household Systems Systems Total $ 350,000 $ 370,000 $ 720,000 Manufacturing Selling and Administrative Net Sales Revenue Total Variable Costs Cost of Goods Sold: Variable Contribution Margin Fixed Costs: Manufacturing 34,000 250,000 Fixed 43,000 65,000 108,000 77,000 315,000 392,000 284,000 Selling and Administrative Total Cost of Goods Sold Gross Profit Selling and Administrative Expenses: 66,000 262,000 328,000 Total Fixed Costs Variable Operating Income (Loss) 65,000 38,000 74,000 24,000 139,000 62,000 Fixed Enter any number in the edit fields and then click Check Answer. Total Selling and Administrative Expenses 103,000 98,000 201,000 164,000 $ 127,000 $ (37,000) $ 1 part Operating Income (Loss) Antrer