Cawley Company makes three models of tasers. Information on the three products is given below Tingler Shocker Stunner $296,100 $504,700 $202,000 Sales Variable expenses 155,000 191,900 135,700 Contribution margin 141,100312,800 Fixed expenses Net income 66,300 116,228227,269 93,303 $24,872 $85,531 $(27,003) Fixed expenses consist of $294,400 of common costs allocated to the three products based on relative sales, and additional fixed expenses of $29,300 (Tingler), $79,100 (Shocker), and $34,000 (Stunner). The common costs will be incurred regardless of how many models are produced. The other fixed expenses would be eliminated if a model is phased out. James Watt, an executive with the company, feels the Stunner line should be discontinued to increase the company's net income Compute current net income for Cawley Company. Net income s Compute net income by product line and in total for Cawley Company if the company discontinues the Stunner product line. (Hint: Allocate the $294,400 common costs to the two remaining product lines based on their relative sales.) (Round answers to the nearest whole dollar, e.g. 5,275.) Tingler Net Income