A company is considering discontinuing one of its product lines. Given information about the product line is shown below:

Contribution margin $$700,000$

Fixed expenses $,$$$950,{000}_{?}$

Net operating loss $(250,000)$

If this product line is dropped, $65\%$ of the fixed expenses can be eliminated. Should the product line be retained or dropped? What is the financial advantage $($or disadvantage$)$ of discontinuing the product line? Show your calculations.