Abel Company produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows:

Wood Aluminum Hard Rubber Total Sales $500,000 $200,000 $65,000 $765,000 Variable expenses 325,000 140 000 58 000 523 000 Contribution margin 175,000 60,000 7,000 242,000 Fixed expenses 25,000 35,000 22,000 132,000 Net income (loss) $100,000 $ 25,000 $05,000) $110,000