Current Attempt in Progress Coronado Industries produces three versions of baseball bats wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Wood Hard Rubber Total Aluminum $290000 Sales $600000 $65000 $955000 Variable expenses 370000 230000 58000 658000 Contribution margin 230000 60000 7000 297000 Fixed expenses 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 Wood Aluminum Hard Rubber Total Sales $600000 $290000 $65000 $955000 Variable expenses 370000 230000 58000 658000 Contribution margin 230000 60000 7000 297000 Fixed expenses 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