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Question 13 5 pts Our company has two product lines: treadmills and bicycles. This table shows the income statement data for the most recent year:

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Question 13 5 pts Our company has two product lines: treadmills and bicycles. This table shows the income statement data for the most recent year: Treadmills Bicycles Total Sales Revenue $700,000 $520,000 $1,220,000 Variable Costs $(350.000) $(450,000) $(800,000) Contribution Margin $350,000 $70,000 $420,000 Fixed Costs $120.000) $180,000) $(170,000) Operating Income (Loss) $260,000 $110.000) $250,000 What effect would dropping the bicycle line have on our operating income? Assume that fixed costs remain unchanged and that there would be no adverse effect on other sales. Operating income will decrease by $70,000. Operating income will decrease by $10,000 Operating income will increase by $10.000 Operating income will increase by $70,000

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