GDI Industries produces three types of plates: Ceramic, Glass, and Plastic. A condensed segmented income statement for a recent period follows: Sales Variable Expenses Contribution Margin Fixed Expenses Net Income (Loss) O 75,000 63,000 62,000 O 73,000 Segmented Income Statement Ceramic Glass Plastic $100,000 $125,000 $40,000 $50,000 $65,000 $29,000 O 74,000 $50,000 $60,000 $15,000 $20,000 Assume none of the fixed expenses for the Plastic line is avoidable. What will be total net income if the Plastic line is dropped? Total $265,000 $144,000 $11,000 $121,000 $12,000 $47,000 $35,000 $40,000 ($1,000) $74,000

GDI Industries produces three types of plates: Ceramic, Glass, and Plastic. A condensed segmented income statement for a recent period follows: Assume none of the fixed expenses for the Plastic line is avoidable. What will be total net income if the Plastic line is dropped? \begin{tabular}{l} 75,000 \\ \hline 63,000 \\ \hline 62,000 \\ 73,000 \\ 74,000 \end{tabular}