Can I please have assistance on the following:

Thalassines Kataskeves, S.A., of Greece makes marine equipment. The company has been experiencing losses on its bilge pump product line for several years. The most recent quarterly contribution format income statement for the bilge pump product line follows:

Thalassines Kataskeves, S.A. Income StatementBilge Pump For the Quarter Ended March 31 Sales $ 480,000 Variable expenses: Variable manufacturing expenses $ 129,000 Sales commissions 49,000 Shipping 15, 000 Total variable expenses 193,000 Contribution margin 287,000 Fixed expenses: Advertising (for the bilge pump product line) 22,000 Depreciation of equipment (no resale value) 115,000 General factory overhead 36,000* Salary of productline manager 121,000 InSurance on inventories 7,000 Purchasing department 44,000f Total fixed expenses 345,000 Net operating loss $ (58,000) I