Anton Valve Company produces a mechanical valve used in water systems. Three years ago the company introduced an electronic version of the valve. Sales of the mechanical model have steadily declined, and the company will report a loss on the product this year as follows: Sales Revenue: $200,000 Less Costs: Direct Labor 157,500 Direct Material 2,500 Inspection Costs 5,000 Allocated Corporate Costs 11,500 Facility Level Costs 30,000 Total Costs 206,500 Net Loss (6,500) If production of the mechanical valve is discontinued, product-level costs will be eliminated but facility level and corporate costs would not be affected. Required: 1) Prepare a quantitative analysis that indicates whether the valve should be discontinued. 2) List and explain 2 qualitative factors that should be considered in this decision