The condensed product line income statement for Dish N Dat Company for the month of March is as follows Dish N Dat Company Product-Line Income Statement For the Month Ended March 31 Bowls $70,960.00 32.990.00 Plates 2 Sales Cost of goods sold 4 Gross profit $37,970.00 $105,450.00 42,680.00 562.770.00 42,530.00 $20,240.00 $31,760.00 16,710.00 $15,050.00 16,670.00 $(1,620.00) Selling and administrative expenses 27,350.00 Income from operations $10,620.00 Fixed costs are 30% of the cost of goods sold and 50% of the selling and administrative expenses. Dish N' Dat assumes that fixed costs would not be materially affected if the Cups line were discontinued Required: a. Prepare a differential analysis dated March 31 to determine if Cups should be continued (Alternative 1) or discontinued (Alternative 2). Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign. If there is no amount or an amount is zero, enter 0 A colon () will automatically appear if required b. Should the Cups line be retained? Explain. Differential Analysis Score: 42/89 Continue (Alternative 1) or Discontinue (Alternative 2) Cups March 31 Continue Cups Discontinue Cups (Alternative 1) $31,760.00 (Alternative 2) $0.00 Differential Effect on Income (Alternative 2) $(31,760.00) 3 Revenues Costs: 5 Variable cost of goods sold 0.00 Fixed costs 8 Income (loss) Feedback No Point As indicated by the differential analysis in part (a), the income will decrease by S if the Cups line is discontinued. Points