Current Attempt in Progress Cawey Company makes three models of tasers. Information on the three products is giveo below. Foxed expenses comsist of $306,000 of common costs allocated to the three products based on relative sales, as well as direct fored expenses unique to each model of $29,000 (Tingler), $79,000 (5hocker), and $34,100 (Stunner). The common costs will be incurred regardless of how many models are produced. The direct foed oxpenses would be elliminated if that model is phased out. James Watt, an executive with the company, feels the Stunner line should be discontinued to increase the company's net income. (a) Compute current net income for Cawley Company. Net income (b) Compute net income by product line and in total for Cawley Company if the company discontinues the Stunner product line. (1) tint: Allocate the $306,000 common costs to the two remaining product lines based on their relative sules. (c) Should Cawey eliminate the Stunner product line? Why or why not? Net incoene would froms to 8