- 12 Question 36 of 50 Sheffield Corp. produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Wood $640000 Aluminum $330000 Hard Rubber $65000 Total $1035000 Sales 390000 270000 58000 718000 250000 60000 7000 317000 Variable expenses Contribution margin Fixed expenses Net income (loss) 75000 35000 22000 132000 $175000 $ 25000 $(15000) $185000 Assume all of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is dropped? $270000 $40000 $178000 $200000 here to search o Bi E