Exercise 11-15 Dropping or Retaining a Segment [L011-2] Thalassines Kataskeves, product line for several years. The most recent quarterly contribution format income statement for the bilge pump product line follows: S.A, of Greece makes marine equipment. The company has been experiencing losses on its bilge pump Thalassines Kataskeves, S.A. Income Statement-Bilge Pump For the Quarter Ended March 31 Sales Variable expenses: $ 410,00e Variable manufacturing expenses Sales commissions shipping 128,000 52,e00 13,000 Total variable expenses Contribution margin 217,e00 Fixed expenses: Advertising (for the bilge pump product line) Depreciation of equipment (no resale value) 23,000 112,880 34,800 119,000 12,e0e 58,eee Salary of product-line manager Insurance on inventories Purchasing department Total fixed expenses 358,ee0 $(141,e0e) Net operating loss Common costs allocated on the basis of machine-hours. K Prev l10 of 11Score answer > 58,888 Total fixed expenses Net operating loss 358,009 $(141,e0e) Common costs allocated on the basis of machine-hours tCommon costs allocated on the basis of sales dollars. tinuing the bilge pump product line would not affect sales of other product lines and would have no effect on the com pany's total general factory overhead or total Purchasing Department expenses Required: What is the financial advantage (disadvantage) of discontinuing the bilge pump product line? Score answer>