4) The income statement for Lovely Locks is divided by its two product lines, Curling...
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4) The income statement for Lovely Locks is divided by its two product lines, Curling Irons and Straighteners, as follows: Curling Irons Straighteners Total $260,000 $860,000 $210,000 $660,000 $150,000 $50,000 $200,000 $95,000$190,000 $10,000 $600,000 $450,000 Sales revenue Variable expenses ontribution margin Fixed expenses Operating income (loss) $95 $55, -$45,000 If Lovely Locks can eliminate fixed costs of $35,000 by discontinuing the Straightener line, then discontinuing it should result in which of the following
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