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In: AccountingCotrone Beverages makes energy drinks in three flavors:Original, Strawberry, and Orange. Company is currently operating...Cotrone Beverages makes energy drinks in three flavors:Original, Strawberry, and Orange. Company is currently operating at75 percent of capacity. Worried about the company's performance,the company president is considering dropping the Strawberryflavor. If Strawberry is dropped, the revenue associated with itwould be lost and the related variable costs saved. In addition,the company's total fixed costs would be reduced by 15 percent.Segmented income statements appear as follows:ProductOriginalStrawberryOrangeSales$33,200$42,800$51,300Variable costs23,24038,52041,040Contribution margin$9,960$4,280$10,260Fixed costs allocated to eachproduct line4,7005,5007,500Operating profit (loss)$5,260$(1,220)$2,760Required:a. Prepare a differential cost schedule.Status QuoAlternative: Drop StrawberryDifference (all lower under the alternative)RevenueLess: Variable costsContribution marginLess: Fixed costsOperating profit(loss)b. Should Cotrone drop the Strawberry productline?YesNo