the condensed income of hayden corp.

Management is considering the discontinuance of the manufacture and sale of Product T at the beginning of the current year. The discontinuance would have no effect on the total fixed costs and expenses or on the sales of Product U. What is the amount of change in net income for the current year that will result from the discontinuance of Product T? The condensed income statement of Hayden Corp. for the p ear is as follows: Product T U $680,000 $320,000 Sales Costs: Variable costs Fixed costs Total costs Income (loss) $540,000 145.000 $685.000 $ 5.000) $220,000 40.000 $260.000 $ 60.000 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $140,000 increase b $5,000 increase $5,000 decrease d $140,000 decrease 3 Fullscreen