Suppose K - Log is considering discontinung ats oatwe ohs product line. Assume that during the past year, the oatsie ohs' product line income statement showned the following: (Csek the icon to view the income statement data.) (i) (Click the icon for additionat infortation.) It the company deciden to discontinue the product ine, what will happen to the companys operating incame? Should K-Log discantine the ootsie obs product line? Begin by preparing a contribution margin income statement for the ostsie ohs' product line. (Uso a minus sign or porentheses to anter a loss.) More info Ficed manulncturing overhead costs acoount for 40% of the cost of goods, while only 30% of the opecating expenses are fixed. Since the oatsie ohs line is just one of the company's coreal operations, only $760,000 of direct found costs (the majority of which is advertising) wal be eliminated if the product line is Data table discontinued. The semainder of the foxed costs will still be incurred by the company