3. Keep or drop a product line: The management of the Flyin' Illini T-Shirt Co. has been concerned for some time with the financial performance of its Orange t-shirt line and has considered discontinuing it on several occasions. Accounting information for the firm for last accounting period appears below: Sales Variable manufacturing costs Fixed manufacturing costs Gross Margin Variable non-manufacturing costs Fixed non-manufacturing costs Net Operating Income (Loss) Orange $525,020 $190,995 $200,000 $134,025 $53,400 $115,800 ($35,175) Blue $1,009,450 $302,675 $250,000 $456,775 $71,555 $202,600 $182,620 Grey $691,325 $211,770 $215,500 $264,055 $60,880 $164,250 $38,925 The accountant for the company estimates that $27,500 of the fixed manufacturing costs and $92,950 of the fixed non-manufacturing expenses could be avoided each accounting period if the Orange t-shirt line is discontinued. Assume all variable costs could be avoided if the Orange t-shirt line is discontinued and that dropping the Orange t- shirt line would have no effect on the other t-shirt lines. What would be the financial advantage (disadvantage) from dropping the Orange t-shirt line? You must show all of your work