Q738: Aqua Industries is thinking about eliminating a product that has the following yearly financial data: Varlable expenses Flxed expenses $65,000 35,000 42,000 However, after conducting an incremental analysis, Aqua determined that dropping the product would actually cause its company-wide net income to decrease by $17,400. These data indicate that Aqua anticipates it would be able to eliminate of the fixed costs associated with this product if production were discontinued. A) 6096 30% C) 70% D 40%