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The income statement for Panther Beauty Supplies is divided by its two product lines, Curling Irons and Straighteners, as follows: Sales revenue Variable expenses Contribution

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The income statement for Panther Beauty Supplies is divided by its two product lines, Curling Irons and Straighteners, as follows: Sales revenue Variable expenses Contribution margin Fixed expenses Operating income (loss) Curling Irons Straighteners $630,000 $260,000 $470,000 $210,000 $160,000 $50,000 $95,000 $95.000 $65,000 -$45,000 Total $890.000 $680,000 $210.000 $190.000 $20,000 If fixed costs remain unchanged and Panther Beauty Supplies discontinues the Straightener line, how will operating income change? Will increase by $190,000 Will decrease by $190,000 Will increase by $50,000 O Will decrease by $50,000

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