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Coronado Industries produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Wood Aluminum

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Coronado Industries produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Wood Aluminum Hard Rubber Total $955000 Sales $600000 $290000 $65000 Variable expenses 370000 230000 58000 658000 230000 60000 7000 Contribution margin Fixed expenses 297000 75000 35000 22000 132000 Net Income (loss) $155000 $ 25000 $(15000) $165000 Assume none of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is dropped? $180000 $158000 $230000 $60000

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