The income statement for Nighty Night, Inc. is divided into two product lines, blankets and pillows, as follows: Sales revenue Variable costs Contribution margin Fixed costs Operating income (loss) Blankets $700,000 Pillows $510,000 Total $1,210,000 250,000 440,000 690,000 450,000 70,000 520,000 65,000 $385,000 96,000 $(26,000) 161,000 $359,000 Nighty Night, Inc. should eliminate the pillows product line only, if by doing so, they can eliminate more than $70,000 of fixed costs. True False