a. Prepare a differential analysis dated September 14 to determine if Socks should be continued (Alternative 1) or discontinued (Alternative 2). If an amount is zero, enter "0". If required, use a minus sign to indicate a loss. Differential Analysis Continue (Alt. 1) or Discontinue (Alt. 2) Socks Line Item Description September 14 Continue Socks Discontinue Socks Differential Effects Revenues Costs: Variable cost of goods sold Variable selling and admin. expenses Fixed costs Profit (loss) (Alternative 1) (Alternative 2) (Alternative 2) 375,000 V -42,500 X 0 -375,000 Feedback Check My Work For continue and discontinue alternatives subtract the costs from the revenue. Use percentages to separate variable from fixed costs. Determine the differential effect on income of the revenues, costs, and income (loss) by subtracting alternative 1 from alternative 2.