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Help 20 Marinette Company makes several products, including canoes. The company has been experiencing losses from its canoe segment and is considering dropping that product

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Help 20 Marinette Company makes several products, including canoes. The company has been experiencing losses from its canoe segment and is considering dropping that product line. The following information is availlable regarding its canoe segment regarding its canoe segment 6.25 points 2,000,000 Variable cost Direct materials Variable overhead Total variable coats Contribution margin s 450,000 500,000 300,000 200,000 Direct labor 1.450,000 550,000 Direct Indirect 375,000 300,000 Total fixed costs Net income 675,000 s(125,000) 1. If canoes are discontinued, calculate the net income lost or gained.

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