QUESTION 2 Q2(a) The information below is extracted from the books of Battle Creek Cereal Co. for a normal year ending August 31, 2020. Battle Creek Cereal Co. Condensed Income Statement For the Year Ended August 31, 2020 Corn Flakes (GHS) 500,000 Toasted Oats (GHS) 400,000 Bran Flakes (GHS) 100,000 Total (GHS) 1,000,000 Sales Costs of goods sold: Variable costs Fixed costs Total cost of goods sold Gross profit Operating expenses: Variable expenses Fixed expenses Total operating expenses Income (loss) from operations 220,000 120,000 340,000 160,000 200,000 80,000 280,000 120,000 60,000 20,000 80,000 20,000 480,000 220,000 700,000 300,000 95,000 25,000 120,000 40,000 60,000 20,000 80,000 40,000 25,000 6,000 31,000 (11,000) 180,000 51,000 231,000 69,000 Management is contemplating on whether or not to discontinue Bran Flakes, Required: Advise management whether or not to discontinue Bran Flakes and support your answer with calculations