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Concord Corporation produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Aluminum $130000

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Concord Corporation produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Aluminum $130000 Hard Rubber $65000 58000 70000 Sales Variable expenses Contribution margin Fixed expenses Net income (loss) Wood $430000 290000 140000 75000 $65000 Total $625000 418000 207000 132000 $75000 60000 35000 $ 25000 7000 22000 $(15000) Assume all of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is dropped? $68000 $140000 $70000 $90000

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