AccustartVillage sells home, and office furniture. Currently the home product line takes up approximately 50 percent of the company's retail floor space. The president ofAccustartVillage is trying to decide whether the company should continue offering office furniture or concentrate on home furniture. Below is a product line income statement for the company. If office furniture is dropped, salaries and other direct fixed costs can be avoided. In addition, sales of home furniture can increase by16percent without affecting direct fixed costs. Allocated fixed costs are assigned based on relative sales

Home Office Furniture Furniture Total Sales $1,415,000 $1,089,550 $2,504,550 Less cost of goods sold 919,750 792,400 1,712,150 Contribution margin 495,250 297,150 792,400 Less direct fixed costs: Salaries 178,290 178,290 356,580 Other 59,430 59,430 118,860 Less allocated fixed costs: Rent 14,740 11,322 26,062 Insurance 3,390 2,773 6,163 Cleaning 4,200 3,110 7,310 President's salary 68,610 53,278 121,888 Other 6,080 5,101 11,181 Net income / (loss) $160,510 $(16,154) $144,356 Determine whether Accustart Village should discontinue the office furniture line and the financial benefit (cost) of dropping it. (Round answer to O decimal places, e.g. 5,275.) Net income without Office Furniture is $ . The company v the Home Office Furniture