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The income statement for Lovely Locks is divided by its two product lines, Curling Irons and Straighteners, as follows: Curling Irons Straighteners Sales revenue

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The income statement for Lovely Locks is divided by its two product lines, Curling Irons and Straighteners, as follows: Curling Irons Straighteners Sales revenue Vanable expenses Contribution margin Fixed expenses Operating income (loss) Total $600,000 $260,000 $860,000 $450,000 $210,000 $660,000 $150,000 $50,000 $200,000 $75,000 $75,000 $150,000 $75,000 $(25,000) $50,000 If fixed costs remain unchanged and Lovely Locks discontinues the Straightener line, how will operating income change? Will increase by $150,000 O Will decrease by $50,000 Will increase by $50,000 Will decrease by $150,000

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