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Suppose Better Harvest is considering discontinuing its fruity rings product line. Assume that during the past year, the fruity rings' product line income statement

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Suppose Better Harvest is considering discontinuing its fruity rings product line. Assume that during the past year, the fruity rings' product line income statement showed the following: (Click the icon to view the income statement data.) (Click the icon for additional information.) If the company decides to discontinue the product line, what will happen to the company's operating income? Should Better Harvest discontinue the fruity rings product line? Begin by preparing a contribution margin income statement for the fruity rings' product line. (Use a minus sign or parentheses to enter a loss.) Sales revenue Less: Variable expenses $ 7,650,000 4590000 Contribution margin Less: Fixed expenses Operating income (loss) 3060000 2200000 860000

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