Cawley Company makes three models of tasers. Information on the three products is given below. Tingler Shocker Stunner Sales $298,700 $500,000 $204,000 Variable expenses 151,400 197,000 141,800 Contribution margin 147,300 303,000 62,200 Fixed expenses 118,892 229,598 95,010 Net income $28,408 $73,402 $(32,810) Fixed expenses consist of $298,400 of common costs allocated to the three products based on relative sales, and additional fixed expenses of $30,000 (Tingler), $80,800 (Shocker), and $34,300 (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. (a) Compute current net income for Cawley Company. Net income s