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Please answer the question attached and show how you arrived at your solution Do It! Review 7-6 Gator Corporation manufactures several types of accessories. For

Please answer the question attached and show how you arrived at your solution

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Do It! Review 7-6 Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $498,000, variable expenses of $365,000, and fixed expenses of $144,000. Therefore, the gloves and mittens line had a net loss of $11,000. If Gator eliminates the line, $43,000 of fixed costs will remain. Prepare an analysis showing whether the company should eliminate the gloves and mittens line. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). ) Continue Sales Variable costs Contribution margin Fixed costs Net income / (Loss) The analysis indicates that Gator should LINK TO TEXT Eliminate Net Income Increase (Decrease) the gloves and mittens line.

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