Bramble Company makes three models of phasers. Information on the three products is given below: Stunner Double-Set Mega-Power Sales $298,000 $447,000 $186,250 Variable costs 150,500 190.500 138,500 Contribution margin 147,500 256,500 47,750 Fixed costs 111,500 223,500 87,200 Net income $36,000 $33,000 ($39,450) Fixed costs consist of $289,500 of common costs allocated to the three products based on relative sales, and additional fixed costs of $29,500 (Stunner), $73,900 (Double-Set), and $29,300 (Mega-Power). The common costs will be incurred regardless of how many models are produced. The other fixed costs would be eliminated if a model is discontinued. Charles Wilson, an executive with the company, feels the Mega-Power line should be discontinued to increase the company's net income. Calculate current net income for Clarington Company. Current net income $ eTextbook and Media Question Part Score Calculate net income by product line and in total for Clarington Company if the company discontinues the Mega-Power product line. (Hint: Allocate the $289,500 common costs to the two remaining product lines based on their relative sales) Stunner Double-Set Total Net income $ eTextbook and Media Question Part Score Should Clarington eliminate the Mega-Power product line? Why or why not? Clarington eliminate the Mega-Power product line. Elimination of the line would cause net income to --16