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The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a tacing bike Data on sales and expenses for the past quarter follow: 'Allocated on the basis of sales dollars. Management is concerned about the continued losses shown by the racing bikes and wants a recommendation as to whether or not the line should be discontinued. The special equipment used to produce racing blkes has no resale value and does not wear out. hat is the financial advantage (disadvantage) per quarter of discontinuing the Racing Bukes? Prepare a properly formatted segmented income statement that would be more useful to marnagement in assersing the long-run profitability of the various product lines