3 short answers please help.

The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quanter follow ifflocated on the basis of sales dollars. Management it concerned obout the continued losses shown by the racing bikes and wants a recommendation as to whether or not the the shouid be discontinued The special equipment used to produce racing bikes has no resale value and does not wear out Required: 1. What is the financial advantage (disadvantage) per quarter of discontinuing the Racing Bikes? 2. Should the production and sale of racing blkes be discontinued? 3. Prepare a propetly formatted segmented income statement that would be more useful to management in assessing the long-run proftability of the various product lines. Complete this question by entering your answers in the tabs below. What is the financial advantage (disadvantage) per quarter of discontinuing the Racing Bikes? Complete this question by entering your answers in the tabs below. Should the production and sale of racing bikes be discontinued? Prepare a proparly formatted segmented income statement that would be more useful to management in assessing the long-run profitability of the various product lines