Question 70 (1.25 points) Chunnel Company has three product lines, one of which reflects the following results: Sales Variable expenses Contribution margin Fixed expenses $215,000 $125,000 $90,000 $140,000 $(50,000) Net loss If this product line is eliminated, 60% of the fixed expenses can be eliminated and the other 40% will be allocated to other product lines. If management decides to eliminate this product line, the company's net income will Onone of these O increase by $50,000 O decrease by $90,000 O increase by $6,000 O decrease by $6,000