Check me Marinette Company makes several products, 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 MARINETTE COMPANY Ineame statement-Canoe Segment Sales $3,800,000 Variable costs Direct materiala $ 810,000 Direct labor 860,000 Variable overhead 660,000 Variable selling and administrative 380,000 Total variable costs 2,710,000 Contribution margin 1,090,000 Fixed conta Direct 735,000 Indirect 660,000 Total tixed costa 1.395.000 Net Income $ (305,000) 1. If canoes are discontinued, calculate the net income lost or gained, 2. Should management discontinue the manufacturing of canoes? Complete this question by entering your answers in the tabs below. If cances are discontinued, calculate the net income lost or gained. (Leave no cells blank. Enter zeros where appropriate.) Keep the department Eliminate the department Sales Expenses Total expenses Net Income (loss) $ 0 0 Rocuired Required 2 > Chew 1. If canoes are discontinued, calculate the net income lost or gained. 2. Should management discontinue the manufacturing of canoes? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Should management discontinue the manufacturing of canoes? Should management discontinue the manufacturing of cances?