15. Abel Company produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Wood Aluminum Hard Rubber Total Sales $500,000 $200,000 $65,000 $765,000 Variable expenses 325 000 140 000 58 000 523 000 Contribution margin 175,000 60,000 7,000 242,000 Fixed expenses 75 000 35 000 22,000 132 000 Net income 0053} M M 54%) M Assume none of the xed expenses for the hard rubber line are avoidable. What will be total net income if the line is dropped? a. $125,000 b. $103,000 c. $105,000 d. $140,000