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12 Thalassines kataskeves, SA of Greece makes marine equipment. The company has been experiencing losses on its bilge pump product line for several years. The

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12 Thalassines kataskeves, SA of Greece makes marine equipment. The company has been experiencing losses on its bilge pump product line for several years. The most recent quarterly contribution format income statement for the bige pump product line follows: $ 410,000 81000 121.000 42.000 10.000 101.000 229.000 Thalentos Kata keves, SIA! Income Statement-bile P fer the Ovarter Ended March 31 Soles Variable expenses Verlable manufacturing expenses Sales colons Shipping Total variable expenses Contribution margin Exed expenses Advertising (for the bilge pum product line) Depreciation of equipment (no resale valve) General factory overhead Salary of product line manager Insurance on Inventories Purchasing department Total fixed expenses Net operating loss *Common costs located on the basis of machine hours. Common costs allocated on the basis of sales dollars 32,000 107.000 42,000 110.000 10.000 50.000 41.000 (113,000) Discontinuing the bilge pump product line would not affect sales of other product lines and would have no effect on the company's total general factory overhead or total Purchasing Department expenses. Required: What is the financial advantage disadvantage) of discontinuing the bige pump product ine

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