Q 7.21: Bluebell Manufacturing is considering eliminating the Aqua product line. The product's sales are $430,000, its fixed costs are $260,000, and its variable costs are $250,000. If the product line is discontinued 60% of Aqua's fixed costs could be eliminated, while the remaining 40% would be absorbed by other product lines. If the Aqua product line is eliminated, Bluebell's net income would A Decrease by $76,000. B Decrease by $24,000. C) Decrease by $70,000. D Increase by $80,000