Clinton 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 Clinton 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 $1,445,000 $1,112,650 $2,557.650 Less cost of goods sold 939.250 809.200 1.748.450 Contribution margin 505,750 303.450 809.200 Less direct fixed costs: Salaries 177.013 177.013 354.026 Other 60,690 60.690 121,380 Less allocated fixed costs: Rent 13,310 9,714 23.024 Insurance 3.360 2,795 6.155 Cleaning 3,800 3,046 6.846 President's salary 73,670 54,054 127,724 Other 7,190 5,407 12,597 Net income / (loss) $166,717 $(9,269) $157,448 Determine whether Clinton 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