Chapter 10 question 10Marinette company makes several product, including canoes. The company has been experiencing losses from its canoe segment and is considering dropping that product line. The following information is available regarding its canoe segment Income statement Sales. $2,3000,000Variable costs Direct materials $510,000Direct labor $560,000Variable overhead $360,000Variable selling and administration $230,000Total variable costs $1,660,000Contribution margin $640,000Fixed costs Direct $435,000Indirect $360,000Total fixed costs $795,000Net income (155,000)I'm confused by this

Check my wo If canoes are discontinued, calculate the net income lost or gained. (Leave no cells blank. Enter zeros where appropriate.) Keep the Eliminate the department department Sales Expenses: Total expenses Net income (loss) $ 0 $ 0