Sole Sisters Company has two product lines: Hiking boots and Fashion boots. Income statement data for the most recent year follow: Hiking $380,000 Total $520,000 Fashion $140,000 405,000 285,000 115,000 81,000 $34,000 Sales revenue Variable expenses Contribution margin Fixed expenses Operating income (loss) 95,000 40,500 $54.500 120,000 20,000 40,500 $(20,500) If $28,000 of fixed costs will be eliminated by discontinuing the Fashion line, how will operating income be affected? Show your work, calculate the amount, and state whether this is an increase or decreas B USIE x; x' insert Formula Time Remaining 24418 Next