Ceradyne Unlimited produces and sells three lines of carpet: economy, standard, and deluxe. Johnson Robert, the chief financial officer of the company, has prepared the following report on the profitability in the past year. In the report, fixed costs are allocated based on yards of carpet.

		Economy		Standard		Deluxe		Total
Yards of carpet		29,400		44,100		73,500		147,000
Sales		$321,000		$695,000		$1,554,900		$2,570,900
Less variable costs (dye, yarn, labor, etc.)		175,300		431,800		929,500		1,536,600
Less fixed costs (depreciation, supervisory salaries, etc.)		159,480		239,220		398,700		797,400
Profit (loss)		$(13,780)		$23,980		$226,700		$236,900

Upon seeing the report, Robert Williams, the president of Ceradyne Unlimited, suggested that the company should consider dropping the economy grade and concentrate on the two other lines. Johnson replied, however, that doing this would lead to the cost allocation death spiral.

Revise the report assuming the company drops the economy grade. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

		Standard		Deluxe		Total
Yards of carpet		enter a number for yards of carpet		enter a number for yards of carpet		enter a total number for yards of carpet
Sales		$enter Sales in dollars		$enter Sales in dollars		$enter total sales in dollars
Less variable costs		enter variable cost in dollars		enter variable cost in dollars		enter total variable cost in dollars
Less fixed costs		enter fixed cost in dollars		enter fixed cost in dollars		enter total fixed cost in dollars
Profit (loss)		$enter profit or loss in dollars		$enter profit or loss in dollars		$enter a total profit or loss in dollars

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If either the standard or the deluxe grades is reporting a loss in part a, revise the report assuming that it is also dropped. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

		Deluxe
Yards of carpet		enter a number for yards of carpet
Sales		$enter Sales in dollars
Less variable costs		enter variable cost in dollars
Less fixed costs		enter fixed cost in dollars
Profit (loss)		$enter profit or loss in dollars