Chapter 13: Dropping a product line The managers at Manchester's Department Store are concerned about the operation of its sporting goods department, which has not been very successful. The following condensed income statement gives the latest year's results: Manchester Department Store Contribution Margin Income Statement For the Year Ended December 31 Product Lines Sporting Goods All Other Departments Totals Sales Revenue $480,000 $2,400,000 $2,880,000 Less: Variable Costs: $385.000 $1,560.000 $1,945,000 Contribution Margin $95,000 $840,000 $935,000 Less: Fixed Costs Manufacturing OH $77,500 $336,000 $413,500 Marketing & Admin. $48.000 $240,000 $288,000 Operating Income (loss) $(30,500) $264,000 $233,500 If $62,500 of the fixed costs are traceable to the sporting goods division and can be avoided, what is the financial advantage (disadvantage) of dropping the sporting goods line?