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The income statement for Orange Company is divided by its two product lines, juice and fruit, as follows: Juice Fruit Total Sales revenue $620,000 $298,000

The income statement for Orange Company is divided by its two product lines, juice and fruit, as follows:
Juice Fruit Total
Sales revenue $620,000 $298,000 $918,000
Variable costs (455,000) (241,000) (696,000)
Contribution margin $165,000 $57,000 $222,000
Fixed costs (76,000) (75,000) (151,000)
Operating income (loss) $89,000 $(18,000) $71,000
Orange Company is considering eliminating the fruit product line. If this line is eliminated, Orange Company will be able to eliminate $73,000 of total fixed costs. By how much would this business decision increase operating income?
Group of answer choices
$73,000
$132,000
$57,000
$16,000

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