The following income statement is for X Company's two products, A and B: Product A $85,000 51,000 $34,000 Product B $85,000 46,750 $38,250 Revenue Total variable costs Total contribution margin Total fixed costs Avoidable Unavoidable Profit 16,052 14,818 $3,130 29,488 28,332 $-19,570 If X Company drops Product B because it shows a loss and is able to use the vacant space to increase sales of Product A by $39,000, with $3,000 of additional fixed costs, what will be the effect on firm profits? Submit Answer Tries 0/3