Sales Costs of goods sold: Variable costs Condensed Income Statement For the Year Ended December 31, 2018 Raw Wool $210,000 Wool Yarn $155,000 Rug Yarn Total Company $197,000 $562,000 $(48,000) $(18,600) $(37,150) $(103,750) Fixed costs (32,000) (12,400) (24,780) (69,180) Total cost of goods sold $(80,000) $(31,000) $(61,930) $(172,930) Gross profit $130,000 $124,000 $135,070 $389,070 Operating expenses: Variable expenses Faxed expenses Total operating expenses Operating income (loss) $(5,000) $(7,750) $(53,120) $(65,870) (89,000) (78,000) (106,200) (273,200) $(94,000) $36,000 $(85,750) $38,250 $(159,320) $(24,250) $(339,070) $50,000 Complete the following table using the data in the preceding income statement to compare the effects of dropping the rug yarn line of products. If required, use a minus sign to indicate a loss. Differential Analysis Continue Rug Yarn (Alternative 1) or Discontinue Rug Yarn (Alternative 2) December 31, 2018 Continue Rug Yarn (Alternative 1) Discontinue Rug Yarn (Alternative 2) Differential Effects (Alternative 2) Revenues Costs Variable Fixed Prof (loss) 0000