Suppose Quacker is considering discontinuing its tasty loops product line. Assume that during the past year, the tasty loops' 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 Quacker discontinue the tasty loops product line? Begin by preparing a contribution margin income statement for the tasty loops' product line. (Use a minus sign or parentheses to enter a loss.) Sales revenue Less: Contribution margin Less: Operating income (loss) Prepare an incremental analysis to show how the discontinued tasty loops product line will affect Quacker's operating income. (Enter a "0" in an input field if there is no expected change as a result of discontinuing tasty loops.) Incremental Analysis for Discontinuation Decision Contribution margin lost if tasty loops is discontinued Total Less: Fixed cost savings if tasty loops is discontinued Operating income if tasty loops is discontinued If Quacker discontinued the tasty loops product line, it will income. Therefore, Quacker discontinue this product line.