6 po 1 References 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 bilge pump product line follows: Thalassines Kataskeves, S.A. Income Statement-Bilge Pump For the Quarter Ended March 21 440,000 Variable expenses Variable manufacturing expenses Sales commission ipping Total variable expesses Contribution margin Tixed expenses Advertising (for the bilge pump product linn) Depreciation of equipment (no resale value) General factory overhead Salary of product-line sager Insurance on inventories Purbasing department Total fixed expenses Het operating loss "Common costs allocated on the basis of machine-hours Common costs allocated on the basis of sales dollars. $122,000 41,000 24,000 187,000 253.000 24,000 115,000 49,000 124,006 6,000 54,000 374,000 $ (121,000) Discontinuing the bilge pump product ine 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