Cinrich Village sells home, and office furniture. Currently the home product line takes up approximately 50 percent of the company's retail floor space. The president of Cinrich Village is trying to decide whether the company should continue offering office furniture or concentrate on home furniture. Below is a product line income statement for the company. If office furniture is dropped, salaries and other direct fixed costs can be avoided. In addition, sales of home furniture can increase by 15 percent without affecting direct fixed costs. Allocated fixed costs are assigned based on relative sales. Home Office Furniture Furniture Total Sales $1,405,000 $1,081,850 $2,486,850 Less cost of goods sold 913,250 786,800 1,700,050 Contribution margin 491,750 295,050 786,800 Less direct fixed costs: Salaries 172,113 172,113 344,226 Other 59,010 59,010 118,020 Less allocated fixed costs: Rent 12,710 9.619 22,329 Insurance 3,490 2,745 6,235 Cleaning 3.700 2.792 6.492 President's salary 75,020 57,162 132,182 Other 7,250 5,360 12,610 Net income / (loss) $158,457 $(13,751) $144,706 Determine whether Cinrich Village should discontinue the office furniture line and the financial benefit (cost) of dropping it. (Round answer to O decimal places, e.g. 5,275.) Net income without Office Furniture is $ The company the Home Office Furniture