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Cawley Company makes three models of tasers. Information on the three products is given below. Stunner (Would be last column above $195,540) Tingler Shocker Sales

Cawley Company makes three models of tasers. Information on the three products is given below.
Stunner (Would be last column above $195,540) Tingler Shocker
Sales $298,540 $499,490 $195,540
Variable expenses 151,800 209,510 141,600
Contribution margin 146,740 289,980 53,940
Fixed expenses 122,630 234,650 95,289
Net income $24,110 $55,330 $(41,349)
Fixed expenses consist of $309,500 of common costs allocated to the three products based on relative sales, and additional fixed expenses of $29,634 (Tingler), $79,057 (Shocker), and $34,378 (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 companys net income.
Compute current net income for Cawley Company.
Net income $
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Compute net income by product line and in total for Cawley Company if the company discontinues the Stunner product line. (Hint: Allocate the $309,500 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 $
Shocker Net Income $
Total Net Income $

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