ERIAL (ACC 110/210) yPLUS Ge Exercise 20-16 Cawley Company makes three models of tasers. I1 on the three products is given below TinglerShocker Stunner $296,600 3498,800 196,400 Variable expenses 150,900206,400 136,900 Part Contribution margin 145,700 292,400 61,500 121,202 234,19096,208 Fixed expenses Net income Fixed expenses consist of $308,600 of common costs allocated to the three products based on an executive with the company, feels the Stunner line should be discontinued to increase the company's net income. Compute current net income for Cawley Company. Net income Compute net income by product line and in total for Cawley Company if the company discontinues the Stunner product line. (Hint: Allocate the $308,600 common Tingler Net Income