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Do It! Review 21-6 Gator Corporation manufactures several types of accessories. For the year, the...

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Do It! Review 21-6 Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $500,000, variable expenses of $360,000, and fixed expenses of $148,000. Therefore, the gloves and mittens line had a net loss of $8,000. If Gator eliminates the line, $36,000 of fixed costs will remain. Prepare an analysis showing whether the company should eliminate the gloves and mittens line (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net Income Increase (Decrease) Conn Eliminate Sales Variable costs Contribution margin Fixed costs Net income / (Loss) The analysis indicates that Gator should -the gloves and mittens line

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