analysis to help make this decision: Ifif (cick the icon to viles the analysis) Total fixad costs will not change if the company stops selling laminate flooring. Read the reouitements Requirement 1. Prepare an incromental analysis to show whether Califomia Flooring should discontinue the laminate foceing product ine. Wir dscontinaing laminate fooring asd sar coo to operating income? Explain. (Enter a "o" in an input field it there is no expected change as a result of discontinuing the lamenate fooring product in this scenario.) ifornia Flooring are alarmed by their operating losses. They are considering dropping the laminate flooring pr e this decision: Data table Total fixed costs will not change if the company stops selling laminate fiooring. Read the requirements. Requirements discontinuing laminate fic Require operatin 1. Prepare an incremental analysis to show whether Califomia Flooring should discontinue the laminate flooring product line. Will discontinuing laminate flooring add $26.000 to operating income? Explain. 2. Assume that the company can avoid $30,000 of fixed expenses by discontinuing the laminate flooring product line (these costs are direct fixed costs of the laminate fooring product line). Prepare an incremental analysis to show whether the company ahould stop seling laminate fooring. 3. Now, assume that all of the foxed costs assigned to laminate fooring are direct fixed conts and can be avoided if the company stops selling laminate flooring. Howeyer. marketing has concluded that wood fooring sales would be adversely affected by discontinuing the laminate fooring line (retailers want to buy both from! the same supplier). Wood flooring production and sales would decline 10%. What should the company do