Thomas Company has the following data for one of their recliners. This information is for the deluxe recliner model: Sales $200,000 Variable Costs 90,000 Contribution Margin 110,000 Fixed Costs 150,000 Operating Income (loss) $(40,000) Assume that if the deluxe recliner model is dropped, there would be a savings of 30% of the current fixed costs. If the deluxe model recliner is dropped from the product line, the company's overall net income would increase or decrease by how much? ANSWER Unselected $90,000 Unselected $65,000 Unselected $(90,000) Unselected $(65,000)