Willams Products inc. manufactures and sells a number of items, including school knapsacks. The company has been experiencing losses on the knapsacks for some time, as shown by the contribution format income statement below: "Allocated on the basis of machine-hours. tAllocated on the basis of soles dollars. Discontinuing the knapsacks would not affect sales of other product lines and would have no noticeable effect on the company's total Discontinuing the knapsacks would not affect sales of other product lines and would have no noticedole general factory overhead or total purchasing department expenses. Required: a. Compute the increase or decrease of net operating income if the Wiliams Products inc line is continued or discontinued. (Input all amounts as positive except Decreases in Sales, Decreases in Contribution Margin, and Net Losses which should be indicated by a minus sign.) b. Would you recommend that the Wiliams Products inc line be discontinued? Yes No