Rapid City Company manufactures two models of tennis racquet. The company's most recent monthly income statement for the Master model is as follows: Master model Sales $30,000 Variable expenses 24,500 Contribution margin 5,500 Fixed expenses 9500 Operating income (loss) $(4.000) An analysis of fixed expenses indicates that $7,000 of fixed expenses being charged to the Master model can be avoided if the Master model is dropped Required 1 Calculate the effect on the operating income for the company as a whole if the Master model is dropped (2 marks) 2. Would you recommend that the Master model be dropped? Explain (1 marki