Pet Food Inc. has two product lines: Cat food and Dog food. Contribution margin income statement data for the Sales revenue Variable expenses Contribution margin Fixed expenses Operating income (loss) Total $435,000 Cat Food Dog Food $350,000 $85,000 $65,000 $25,000 $40,000 $370,000 $325,000 $45,000 $99,000 $47,000 $52,000 $271,000 $278,000 $(7,000) Assuming the Dog food is discontinued, total fixed costs remain unchanged, and the space formerly used to proe OA. Increase $523,000 OB. Decrease $19,000 OC. Increase $252,000 OD. Increase $19,000 This quiz: 15 point(s) poss Question 9 of 15 > This question: 1 point(s) p argin income statement data for the most recent year follow: Dog Food $85,000 $40,000 $45,000 $52,000 $(7,000) , and the space formerly used to produce the line is rented for $26,000 per year, how will operating income be affected