Cawley Company makes three models of tasers. Information on the three products is given below.

	Tingler	Shocker	Stunner
Sale	$296,600	$498,800	$198,400
Variable expenses	150,900	206,400	136,900
Contribution margin	145,700	292,400	61,500
Fixed expenses	121,202	234,190	96,208
Net Income	$24,498	$58,210	$(34,708)

Fixed expenses consist of $308,600 of common costs allocated to the three products based on relative sales, and additional fixed expenses of $29,100 (Tingler), $79,300 (Shocker), and $34,600 (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. (a)

Compute current net income for Cawley Company.

Net Income $____________ .

(b) Compute net income by product line and in total for Cawley Company if the company discontinues the Stunner product line. (Hint: Allocate the $308,600 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 $__________ .