Cawiey Company makes three modeis of tasers Information on the three products is given belove. Fised expenses consist of $296, 000 of common costs allocated to the three products bused on relative sales as well as d rect five: expenses unique to each model of $29,000 (Tingler), $79,000 (Shodierl. and 534,700 (Sturner). The common costs will be incarre regardless of how many models are produced. The direct foed expenses would be eliminated if that model 's phased out. James Watt an exccutive with the company, feels the Stunner line should be discontinued to increase the concam/s net income (a) Compute current net income for Cawley Comarny. Net income (b) Compute net income by product line and in total for Cawiey Comparv it the compary discontinues the Stumer product lire (Hint Allocate the $296.000 common costs to the two remaining product lines based on their relative saies) (c) Should Cawiey eliminate the Stunner prodict line? Why or why not