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Company sells three products. Income statements for the three products for the most recent year appear below: Product A Product B Product C Sales revenue

Company sells three products. Income statements for the three products for the most recent year appear below:  Product A Product B Product C Sales revenue ............ $210,000 $250,000 $285,000 Costs: Variable costs ....... 147,000 75,000 171,000 Advertising .......... 25,000 31,000 32,000 Rent ................. 5,000 5,000 5,000 Supervisor's salary .. 41,000 48,000 50,000 Property taxes ....... 7,000 16,000 12,000 Net income/loss ........... <15,000> 75,000 15,000 The rent is allocated to the three products equally and the property taxes are allocated based on the square footage each product uses in the factory. The president of the company is considering eliminating Product A. The company has determined that if Product A is discontinued, the contribution margin of its other products will increase by $22,000. Calculate the amount by which the company's net income will increase if Product A is dropped.

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