3 Thalassines Kataskeves, S.A., 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 bilge pump product line follows: Thalassinen Katankeves, S.A. Income Statement-Bilge Pump 3.34 points For the Quarter Ended March 31 Sales Variable expenses $480,000 Variable manufacturing expenses $133,000 Book Sales commissions 44,000 Shipping 21,000 Print Total variable expenses Contribution margin References 198,000 282,000 Fixed expensess Advertising (for the bilge pump product line) 27,000 Depreciation of equipment (no resale value) 108,000 45,000 125,000 13,000 56,000 374,000 (92,000) General factory overhead Salary of product-line manager Insurance on inventories Purchasing department Total fixed expenses Net operating loss "Common costs allocated on the basis of machine-hours. +Common costs allocated on the basis of sales dollars. 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 bilge pump product line? Financial (disadvantage)