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stion 14 You are provided with the following information for yet Products G E and H: vered Sales $220,000 300,000 ts out of 340,000 lag

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stion 14 You are provided with the following information for yet Products G E and H: vered Sales $220,000 300,000 ts out of 340,000 lag stion Less: Variable Cost 190,000 180,000 220,000 Contribution Margin 30,000 120,000 120,000 Less: Fixed Costs 50,000 50,000 40,000 Income (loss) from operations(20,000) 70,000 80,000 Management is considering the discontinuance of Product G. The discontinuance will have no effect on fixed costs and expenses for Products E and H. What is the amount of change in net income for the current year that will result from the discontinuance of Product G? Select one: a. $20,000 increase b. 30,000 increase c. 20,000 decrease d. $30,000 decrease D00 F10

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