Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $503,050, variable expenses of $372,240, and fixed expenses of $145,120. Therefore, the gloves and mittens line had a net loss of $14,310. If Gator eliminates the line, $38,970 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).) Solution Sales (A) 503050 Variable Cost(B) 372240 Contribution=Sales-Variable Cost .