Product T has revenue of $56,000, variable cost of goods sold of $40,000, variable selling expenses of

Question:

Product T has revenue of $56,000, variable cost of goods sold of $40,000, variable selling expenses of $6,000, and fixed costs of $15,000, creating a loss from operations of $5,000.
a. Determine the differential income or loss from sales of Product T.
b. Should Product T be discontinued?