Crane Company 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 Sales $400000 $100000 $65000 $565000 Variable expenses 275000 40000 58000 373000 Contribution margin 125000 60000 7000 192000 Fixed expenses 75000 35000 22000 132000 Net income (loss) $50000 $ 25000 $(15000) $60000 Assume all of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is dropped? $40000 $155000 $75000 $53000